Pason Systems Inc. (PSI) To Go Ex-Dividend on March 17th

Pason Systems Inc. (TSE:PSI) declared a quarterly dividend on Monday, March 17th, TickerTech Dividends reports. Stockholders of record on Monday, March 31st will be paid a dividend of 0.13 per share on Monday, March 31st. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.07%. The ex-dividend date of this dividend is Monday, March 17th.

Pason Systems Stock Performance

Shares of PSI stock opened at C$12.77 on Friday. The company has a current ratio of 2.59, a quick ratio of 3.54 and a debt-to-equity ratio of 3.19. The stock’s fifty day simple moving average is C$13.46 and its 200-day simple moving average is C$13.76. Pason Systems has a 1-year low of C$11.84 and a 1-year high of C$18.59. The company has a market capitalization of C$1.02 billion, a price-to-earnings ratio of 9.01, a P/E/G ratio of 10.78 and a beta of 1.58.

Analysts Set New Price Targets

Separately, National Bankshares cut their price target on shares of Pason Systems from C$20.00 to C$19.50 and set a “sector perform” rating for the company in a research note on Thursday, December 19th.

Pason Systems Company Profile

Pason Systems Inc, together with its subsidiaries, provides instrumentation and data management systems for drilling rigs in Canada, the United States, and internationally. The company provides Electronic Drilling Recorder, which provides real-time drilling data to rig site personnel; DataHub with Pason Live, which is used as the central repository for data and reports captured at the rigs for real-time; and DataLink that provides automated in-house databases, third-party analytics platforms, remote geosteering, and other remote services.