Pason Systems Inc. (TSE:PSI) Announces Quarterly Dividend of $0.13

Pason Systems Inc. (TSE:PSI) declared a quarterly dividend on Wednesday, December 17th, TickerTech Dividends reports. Shareholders of record on Wednesday, December 31st will be given a dividend of 0.13 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date is Wednesday, December 17th.

Pason Systems Stock Down 1.5%

Shares of TSE PSI traded down C$0.19 during mid-day trading on Monday, reaching C$12.07. 186,794 shares of the company’s stock traded hands, compared to its average volume of 178,969. The company has a debt-to-equity ratio of 3.19, a current ratio of 2.59 and a quick ratio of 3.54. The business has a 50-day simple moving average of C$12.00 and a 200 day simple moving average of C$12.05. The stock has a market cap of C$941.75 million, a P/E ratio of 15.47, a PEG ratio of 10.78 and a beta of 0.59. Pason Systems has a 1-year low of C$10.43 and a 1-year high of C$14.81.

Pason Systems (TSE:PSI) last released its quarterly earnings results on Thursday, November 6th. The company reported C$0.16 EPS for the quarter. Pason Systems had a return on equity of 24.64% and a net margin of 28.28%.The business had revenue of C$100.96 million during the quarter. On average, analysts expect that Pason Systems will post 1.229765 EPS for the current fiscal year.

Pason Systems Company Profile

Pason Systems Inc is an oilfield specialist with fully integrated drilling data solutions. A host of products allow customers to collect, manage, report, and analyze drilling data for performance optimization and cost control. The electronic drilling recorder is the company’s primary product, and provides a complete system of drilling data acquisition, data networking, drilling management tools, and reports at both the wellsite and customer office.