Trican Well Service Ltd. (TSE:TCW) to Issue $0.06 Quarterly Dividend

Trican Well Service Ltd. (TSE:TCW) declared a quarterly dividend on Monday, June 15th, TickerTech Dividends reports. Shareholders of record on Tuesday, June 30th will be given a dividend of 0.055 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Monday, June 15th.

Trican Well Service Stock Performance

Shares of TSE TCW traded down C$0.03 during midday trading on Friday, reaching C$7.37. The company had a trading volume of 239,682 shares, compared to its average volume of 687,859. The business’s 50-day simple moving average is C$7.33 and its 200 day simple moving average is C$6.81. The stock has a market cap of C$1.55 billion, a P/E ratio of 13.65, a P/E/G ratio of 0.22 and a beta of -0.41. Trican Well Service has a 1 year low of C$4.40 and a 1 year high of C$8.40. The company has a current ratio of 2.23, a quick ratio of 1.75 and a debt-to-equity ratio of 7.60.

Trican Well Service (TSE:TCW) last posted its quarterly earnings results on Tuesday, May 12th. The company reported C$0.14 earnings per share (EPS) for the quarter. The business had revenue of C$330.27 million during the quarter. Trican Well Service had a net margin of 9.47% and a return on equity of 17.25%.

About Trican Well Service

Trican Well Service Ltd is an equipment services company. It provides products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells primarily through its continuing pressure pumping operations in Canada. The company offers services related to coiled tubing, pipeline service, cementing, fracturing and reservoir solutions.