Pulse Seismic Inc. (TSE:PSD) Declares 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. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.72%. The ex-dividend date is Monday, May 12th. This is a 16.7% increase from Pulse Seismic's previous quarterly dividend of $0.02.

Pulse Seismic Stock Down 0.8%

Pulse Seismic stock traded down C$0.02 during mid-day trading on Tuesday, reaching C$2.57. The company's stock had a trading volume of 3,339 shares, compared to its average volume of 12,295. The company has a debt-to-equity ratio of 1.25, a quick ratio of 7.28 and a current ratio of 3.85. Pulse Seismic has a 12 month low of C$2.10 and a 12 month high of C$2.80. The business's 50 day simple moving average is C$2.45 and its 200 day simple moving average is C$2.41. The company has a market capitalization of C$130.65 million, a price-to-earnings ratio of 12.02 and a beta of 0.68.

About Pulse Seismic

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.