Pason Systems Inc. (PSI) To Go Ex-Dividend on September 15th

Pason Systems Inc. (TSE:PSI) announced a quarterly dividend on Tuesday, September 15th. Stockholders of record on Tuesday, September 29th will be given a dividend of 0.13 per share on Tuesday, September 29th. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Tuesday, September 15th.

Pason Systems Stock Performance

Shares of TSE:PSI traded up C$0.11 during trading on Friday, hitting C$14.73. 71,640 shares of the stock were exchanged, compared to its average volume of 245,493. Pason Systems has a 1-year low of C$11.33 and a 1-year high of C$15.47. The company has a debt-to-equity ratio of 5.51, a quick ratio of 3.54 and a current ratio of 2.29. The company’s fifty day simple moving average is C$13.50 and its 200-day simple moving average is C$13.40. The company has a market capitalization of C$1.14 billion, a price-to-earnings ratio of 23.76, a price-to-earnings-growth ratio of 10.78 and a beta of 0.60.

Pason Systems (TSE:PSI) last announced its quarterly earnings results on Tuesday, August 11th. The company reported C$0.18 EPS for the quarter. The business had revenue of C$100.78 million for the quarter. Pason Systems had a return on equity of 9.71% and a net margin of 11.53%. Sell-side analysts expect that Pason Systems will post 1.229765 EPS 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.