Pulse Seismic Inc. (TSE:PSD) Plans Dividend Increase - $0.02 Per Share

Pulse Seismic Inc. (TSE:PSD - Get Free Report) announced a quarterly dividend on Monday, May 12th, TickerTech Dividends reports. Shareholders of record on Tuesday, May 20th will be given a dividend of 0.0175 per share on Tuesday, May 20th. This represents a $0.07 annualized dividend and a yield of 2.81%. The ex-dividend date of this dividend is Monday, May 12th. This is a 16.7% increase from Pulse Seismic's previous quarterly dividend of $0.02.

Pulse Seismic Stock Down 1.6%

Shares of PSD traded down C$0.04 during trading hours on Thursday, reaching C$2.49. The company's stock had a trading volume of 2,600 shares, compared to its average volume of 11,945. The company has a 50 day moving average of C$2.46 and a two-hundred day moving average of C$2.41. The firm has a market cap of C$126.59 million, a price-to-earnings ratio of 11.64 and a beta of 0.68. Pulse Seismic has a 1-year low of C$2.10 and a 1-year high of C$2.80. The company has a quick ratio of 7.28, a current ratio of 3.85 and a debt-to-equity ratio of 1.25.

Pulse Seismic Company Profile

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.