TerraVest Industries Inc. (TVK) to Issue Quarterly Dividend of $0.20 on April 10th

TerraVest Industries Inc. (TSE:TVK) announced a quarterly dividend on Tuesday, March 31st, TickerTech Dividends reports. Stockholders of record on Friday, April 10th will be given a dividend of 0.20 per share on Friday, April 10th. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, March 31st.

TerraVest Industries Stock Up 2.1%

Shares of TSE:TVK traded up C$2.89 during mid-day trading on Friday, hitting C$141.87. 66,946 shares of the company traded hands, compared to its average volume of 82,678. The firm’s 50 day simple moving average is C$145.74 and its 200 day simple moving average is C$142.81. The firm has a market cap of C$3.08 billion, a P/E ratio of 33.70 and a beta of 0.61. The company has a debt-to-equity ratio of 124.54, a quick ratio of 0.91 and a current ratio of 1.51. TerraVest Industries has a 52-week low of C$115.75 and a 52-week high of C$176.64.

TerraVest Industries (TSE:TVK) last released its quarterly earnings results on Wednesday, February 11th. The company reported C$1.50 earnings per share for the quarter. TerraVest Industries had a return on equity of 14.09% and a net margin of 5.90%.The firm had revenue of C$408.35 million during the quarter. On average, equities analysts anticipate that TerraVest Industries will post 4.4510412 EPS for the current year.

TerraVest Industries Company Profile

TerraVest Industries Inc is a manufacturer of home heating products, propane, anhydrous ammonia, natural gas liquids transport vehicles, storage vessels, energy processing equipment, and fiberglass storage tanks. The company’s operating segments are Fuel Containment, Processing Equipment, and Service. The Fuel Containment segment is engaged in the manufacturing of bulk LPG transport trailers, LPG delivery & service trucks, bulk LPG storage tanks, residential & commercial LPG tanks, dispensers, and other products.