Pulse Seismic Inc. (TSE:PSD) Announces Dividend Increase – $0.02 Per Share

Pulse Seismic Inc. (TSE:PSD) announced a quarterly dividend on Wednesday, April 24th, Zacks reports. Stockholders of record on Tuesday, May 14th will be paid a dividend of 0.015 per share on Thursday, May 23rd. This represents a $0.06 dividend on an annualized basis and a dividend yield of 2.67%. The ex-dividend date of this dividend is Monday, May 13th. This is an increase from Pulse Seismic’s previous quarterly dividend of $0.01.

Pulse Seismic Stock Up 0.4 %

Shares of TSE PSD opened at C$2.25 on Friday. The company has a 50 day simple moving average of C$2.18 and a 200-day simple moving average of C$2.00. The company has a market capitalization of C$117 million, a P/E ratio of 8.04 and a beta of 0.69. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.50 and a quick ratio of 7.28. Pulse Seismic has a 1 year low of C$1.65 and a 1 year high of C$2.35.

Pulse Seismic (TSE:PSD) last announced its quarterly earnings results on Thursday, February 15th. The company reported C$0.16 earnings per share (EPS) for the quarter. The business had revenue of C$16.86 million during the quarter. Pulse Seismic had a net margin of 38.35% and a return on equity of 50.74%. On average, equities research analysts predict that Pulse Seismic will post 0.0405823 earnings per share for the current year.

Pulse Seismic Company Profile

Pulse Seismic Inc acquires, markets, and licenses two-dimensional (2D) and three-dimensional (3D) seismic data for the energy sector in Canada. The company also owns and manages a licensable seismic data library that consists of approximately 65,310 net square kilometers of 3D seismic; and 829,207 net linear kilometers of 2D seismic data.