TerraVest Industries Inc. Plans Quarterly Dividend of $0.20 (TSE:TVK)

Key Points

• TerraVest Industries declared a quarterly dividend of C$0.20 per share; the ex-dividend date is March 31 with record and payment dates on April 10, implying about a 0.6% annualized yield.
• The stock trades around C$141.87 with a market cap of C$3.08 billion and a P/E of 33.7; the company reported C$1.50 EPS on C$408.35 million revenue last quarter but carries a high debt-to-equity ratio of 124.54.

TerraVest Industries Inc. (TSE:TVK - Get Free Report) announced a quarterly dividend on Tuesday, March 31st, TickerTech Dividends reports. Shareholders of record on Friday, April 10th will be given a dividend of 0.20 per share on Friday, April 10th. This represents a c) annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Tuesday, March 31st.

TerraVest Industries Stock Performance

Shares of TerraVest Industries stock opened at C$141.87 on Friday. The firm has a market cap of C$3.08 billion, a price-to-earnings ratio of 33.70 and a beta of 0.61. The stock's 50-day moving average is C$145.74 and its 200-day moving average is C$142.81. TerraVest Industries has a one year low of C$115.75 and a one year high of C$176.64. The company has a debt-to-equity ratio of 124.54, a current ratio of 1.51 and a quick ratio of 0.91.

TerraVest Industries (TSE:TVK - Get Free Report) last posted its quarterly earnings data on Wednesday, February 11th. The company reported C$1.50 earnings per share (EPS) for the quarter. TerraVest Industries had a return on equity of 14.09% and a net margin of 5.90%.The business had revenue of C$408.35 million during the quarter. Equities analysts predict that TerraVest Industries will post 4.4510412 earnings per share for the current fiscal year.

TerraVest Industries Company Profile

TerraVest Industries Inc is a manufacturer of home heating products, propane, anhydrous ammonia, natural gas liquids transport vehicles, storage vessels, energy processing equipment, and fiberglass storage tanks. The company's operating segments are Fuel Containment, Processing Equipment, and Service. The Fuel Containment segment is engaged in the manufacturing of bulk LPG transport trailers, LPG delivery & service trucks, bulk LPG storage tanks, residential & commercial LPG tanks, dispensers, and other products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.