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

Pason Systems Inc. (TSE:PSI) announced a quarterly dividend on Tuesday, June 16th, TickerTech Dividends reports. Shareholders of record on Tuesday, June 30th will be paid a dividend of 0.13 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Tuesday, June 16th.

Pason Systems Price Performance

Shares of PSI opened at C$13.45 on Friday. Pason Systems has a 1-year low of C$11.09 and a 1-year high of C$15.47. The stock has a market cap of C$1.04 billion, a PE ratio of 22.42, a P/E/G ratio of 10.78 and a beta of 0.38. The firm has a 50-day simple moving average of C$13.84 and a two-hundred day simple moving average of C$12.92. The company has a debt-to-equity ratio of 5.79, a current ratio of 2.11 and a quick ratio of 3.54.

Pason Systems (TSE:PSI) last announced its quarterly earnings results on Thursday, May 7th. The company reported C$0.17 earnings per share for the quarter. Pason Systems had a net margin of 11.31% and a return on equity of 9.49%. The business had revenue of C$102.44 million during the quarter. As a group, analysts forecast that Pason Systems will post 1.229765 EPS 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. Other product offerings include wellbore detection solutions, wellsite communications and bandwidth, wellbore gas analyzers, and software for data management.