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McCoy Global Inc. (TSE:MCB) Declares Dividend Increase - $0.03 Per Share

McCoy Global logo with Energy background

McCoy Global Inc. (TSE:MCB - Get Free Report) announced a quarterly dividend on Monday, June 30th, TickerTech Dividends reports. Stockholders of record on Tuesday, July 15th will be paid a dividend of 0.025 per share on Tuesday, July 15th. This represents a $0.10 annualized dividend and a dividend yield of 2.50%. The ex-dividend date is Monday, June 30th. This is a 25.0% increase from McCoy Global's previous quarterly dividend of $0.02.

McCoy Global Stock Down 2.4%

Shares of McCoy Global stock traded down C$0.10 during trading on Friday, hitting C$4.00. 102,532 shares of the stock traded hands, compared to its average volume of 102,263. The stock has a market cap of C$109.09 million, a P/E ratio of 14.21 and a beta of 0.58. The company has a debt-to-equity ratio of 6.05, a quick ratio of 1.26 and a current ratio of 3.07. McCoy Global has a twelve month low of C$1.83 and a twelve month high of C$4.48. The company has a fifty day moving average price of C$3.70 and a two-hundred day moving average price of C$3.11.

Insider Buying and Selling

In related news, insider McCoy Global Inc. bought 155,600 shares of McCoy Global stock in a transaction that occurred on Tuesday, April 1st. The stock was purchased at an average cost of C$2.61 per share, for a total transaction of C$406,116.00. Corporate insiders own 3.66% of the company's stock.

McCoy Global Company Profile

(Get Free Report)

McCoy Global Inc is a provider of equipment and technologies to support tubular running operations, enhance wellbore integrity and assist with collecting critical data for the global energy industry. It is engaged in the design, production and distribution of capital equipment to support tubular running operations, enhance wellbore integrity and to support capital equipment sales through aftermarket products and services such as technical support, consumables and replacement parts.

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Dividend History for McCoy Global (TSE:MCB)

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