Total Energy Services Inc. (TOT) to Issue Quarterly Dividend of $0.10 on April 15th

Total Energy Services Inc. (TSE:TOT) declared a quarterly dividend on Monday, March 31st, TickerTech Dividends reports. Investors of record on Tuesday, April 15th will be given a dividend of 0.10 per share on Tuesday, April 15th. This represents a $0.40 annualized dividend and a yield of 4.21%. The ex-dividend date is Monday, March 31st. This is a 11.1% increase from Total Energy Services’s previous quarterly dividend of $0.09.

Total Energy Services Stock Down 0.6 %

TSE TOT traded down C$0.06 during trading on Friday, reaching C$9.49. 43,784 shares of the company’s stock were exchanged, compared to its average volume of 55,761. The company has a 50 day moving average price of C$10.51 and a two-hundred day moving average price of C$10.63. The stock has a market cap of C$356.65 million, a P/E ratio of 8.49, a price-to-earnings-growth ratio of 1.77 and a beta of 2.02. Total Energy Services has a 1 year low of C$8.85 and a 1 year high of C$12.44. The company has a debt-to-equity ratio of 27.27, a quick ratio of 1.09 and a current ratio of 1.40.

Wall Street Analyst Weigh In

Separately, TD Securities decreased their target price on Total Energy Services from C$19.00 to C$18.00 in a research note on Tuesday, December 10th.

Insider Activity

In other news, Director Daniel Kim Halyk acquired 30,500 shares of the company’s stock in a transaction on Monday, March 10th. The shares were bought at an average price of C$8.90 per share, with a total value of C$271,450.00. Also, Senior Officer Ashley Desiree Ting sold 8,500 shares of Total Energy Services stock in a transaction dated Friday, January 10th. The stock was sold at an average price of C$12.25, for a total value of C$104,125.00. In the last quarter, insiders purchased 88,250 shares of company stock worth $945,845. Corporate insiders own 7.73% of the company’s stock.

Total Energy Services Company Profile

Total Energy Services Inc is an energy services company. The operating segments of the company are Contract Drilling Services, Rentals & Transportation Services, Compression & Process Service, Well servicing, and Corporate. The company’s operations are conducted in Canada, the United States of America, and Australia.