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

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

Pason Systems Stock Down 1.5%

PSI traded down C$0.19 during trading on Monday, hitting C$12.07. The stock had a trading volume of 186,794 shares, compared to its average volume of 178,969. The stock has a 50 day simple moving average of C$12.00 and a two-hundred day simple moving average of C$12.05. The company has a debt-to-equity ratio of 3.19, a quick ratio of 3.54 and a current ratio of 2.59. Pason Systems has a twelve month low of C$10.43 and a twelve month high of C$14.81. The company has a market capitalization of C$941.75 million, a PE ratio of 15.47, a PEG ratio of 10.78 and a beta of 0.59.

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

About Pason Systems

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.