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

Pulse Seismic Inc. (TSE:PSD - Get Free Report) declared a quarterly dividend on Wednesday, April 24th, Zacks reports. Stockholders of record on Tuesday, May 14th will be given a dividend of 0.015 per share on Thursday, May 23rd. This represents a $0.06 annualized dividend and a dividend yield of 2.69%. The ex-dividend date of this dividend is Monday, May 13th. This is a positive change from Pulse Seismic's previous quarterly dividend of $0.01.

Pulse Seismic Stock Down 0.9 %

PSD stock traded down C$0.02 during trading on Friday, reaching C$2.23. 2,850 shares of the company traded hands, compared to its average volume of 20,316. The business has a 50 day simple moving average of C$2.18 and a 200 day simple moving average of C$2.00. Pulse Seismic has a 12 month low of C$1.65 and a 12 month high of C$2.35. The company has a debt-to-equity ratio of 1.05, a quick ratio of 7.28 and a current ratio of 1.50. The company has a market capitalization of C$115.96 million, a price-to-earnings ratio of 7.96 and a beta of 0.69.

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

About Pulse Seismic

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.