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

Pason Systems Inc. (TSE:PSI) announced a quarterly dividend on Tuesday, March 17th, TickerTech Dividends reports. Stockholders of record on Tuesday, March 31st will be paid a dividend of 0.13 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Tuesday, March 17th.

Pason Systems Trading Down 0.9%

Shares of PSI stock opened at C$12.54 on Friday. The stock has a 50-day simple moving average of C$12.45 and a 200 day simple moving average of C$12.13. The stock has a market capitalization of C$973.74 million, a P/E ratio of 18.44, a P/E/G ratio of 10.78 and a beta of 0.64. Pason Systems has a fifty-two week low of C$10.43 and a fifty-two week high of C$13.69. The company has a quick ratio of 3.54, a current ratio of 1.98 and a debt-to-equity ratio of 10.90.

Pason Systems (TSE:PSI) last issued its quarterly earnings results on Thursday, February 26th. The company reported C$0.10 EPS for the quarter. Pason Systems had a net margin of 12.68% and a return on equity of 10.80%. The firm had revenue of C$108.71 million for the quarter. On average, sell-side analysts expect that Pason Systems will post 1.229765 earnings per share for the current fiscal 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.