Shawcor Ltd (TSE:SCL) announced a quarterly dividend on Tuesday, November 6th, Zacks reports. Stockholders of record on Friday, November 16th will be given a dividend of 0.15 per share on Friday, November 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.76%. The ex-dividend date of this dividend is Thursday, November 15th.

Shares of SCL opened at C$21.74 on Friday. The company has a current ratio of 2.22, a quick ratio of 1.71 and a debt-to-equity ratio of 25.55. Shawcor has a one year low of C$21.12 and a one year high of C$29.50.

Shawcor (TSE:SCL) last issued its quarterly earnings results on Thursday, August 9th. The company reported C$0.14 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.06 by C$0.08. The firm had revenue of C$357.89 million for the quarter, compared to analysts’ expectations of C$336.20 million. On average, sell-side analysts forecast that Shawcor will post 0.809999975500233 EPS for the current year.

SCL has been the subject of several research reports. Industrial Alliance Securities dropped their price target on Shawcor from C$34.00 to C$33.00 in a research report on Thursday, September 27th. TD Securities dropped their price target on Shawcor from C$30.00 to C$27.00 and set a “hold” rating for the company in a research report on Wednesday.

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Shawcor Company Profile

Shawcor Ltd., an energy services company, provides products and services for the pipeline, pipe services, petrochemical, and industrial segments of the energy industry worldwide. It operates in two segments, Pipeline and Pipe Services, and Petrochemical and Industrial. The company offers pipe coating, insulation coating, and weight coating systems, as well as custom coating and field joint application services for onshore and offshore pipelines; ultrasonic and radiographic pipeline girth weld inspection services for pipeline operators and construction contractors; manufactures and sells heat shrinkable sleeves, adhesives, and liquid coatings for pipeline joint protection applications; and designs and assembles engineered pipe logistics products and services.

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Dividend History for Shawcor (TSE:SCL)

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