Pulse Seismic Inc. (TSE:PSD) Declares Quarterly Dividend of $0.02

Pulse Seismic Inc. (TSE:PSD) announced a quarterly dividend on Wednesday, November 4th. Shareholders of record on Wednesday, November 18th will be paid a dividend of $0.0187 per share on Wednesday, November 18th. This represents a $0.07 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Wednesday, November 4th.

Pulse Seismic Price Performance

PSD opened at C$3.23 on Monday. The company has a debt-to-equity ratio of 0.45, a current ratio of 4.82 and a quick ratio of 7.28. Pulse Seismic has a 12 month low of C$2.67 and a 12 month high of C$5.24. The stock has a market capitalization of C$163.81 million, a P/E ratio of 11.96 and a beta of 0.16. The business has a 50 day simple moving average of C$3.04 and a 200-day simple moving average of C$3.53.

Pulse Seismic (TSE:PSD) last announced its quarterly earnings data on Thursday, October 22nd. The company reported C$0.22 earnings per share for the quarter. Pulse Seismic had a return on equity of 89.89% and a net margin of 45.05%. The firm had revenue of C$17.31 million for the quarter. On average, equities analysts anticipate that Pulse Seismic will post 0.04 earnings per share for the current fiscal year.

Insider Activity at Pulse Seismic

In other news, Director Neal James Coleman sold 417,700 shares of Pulse Seismic stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of C$2.85, for a total transaction of C$1,190,445.00. Following the completion of the sale, the director directly owned 17 shares in the company, valued at approximately C$48.45. This trade represents a 100.00% decrease in their position. 22.95% of the stock is owned by company insiders.

About Pulse Seismic

Pulse Seismic Inc is a Canadian company which acts as a provider of seismic data to the energy sector in western Canada. The company is engaged in the acquisition, marketing, and licensing of 2D and 3D seismic data to the energy sector. It offers the full suite of project management services including On-site professional project management, experienced cost estimation services, daily reporting to clients and detailed project cost tracking, procurement of subcontractors to ensure regulatory compliance, and others.