Total Energy Services Inc. (TSE:TOT) Declares Quarterly Dividend of $0.10

Total Energy Services Inc. (TSE:TOT) declared a quarterly dividend on Monday, March 31st, TickerTech Dividends reports. Shareholders 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 dividend on an annualized basis and a dividend yield of 4.21%. The ex-dividend date of this dividend is Monday, March 31st. This is a 11.1% increase from Total Energy Services’s previous quarterly dividend of $0.09.

Total Energy Services Trading Down 0.6 %

Shares of TSE:TOT traded down C$0.06 during mid-day trading on Friday, hitting C$9.49. The company had a trading volume of 43,784 shares, compared to its average volume of 55,761. The company has a debt-to-equity ratio of 27.27, a current ratio of 1.40 and a quick ratio of 1.09. Total Energy Services has a one year low of C$8.85 and a one year high of C$12.44. The firm has a fifty day moving average price of C$10.51 and a 200 day moving average price of C$10.63. The company has a market capitalization of C$356.65 million, a PE ratio of 8.49, a price-to-earnings-growth ratio of 1.77 and a beta of 2.02.

Wall Street Analyst Weigh In

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

Insider Buying and Selling

In related news, Senior Officer Ashley Desiree Ting sold 8,500 shares of the company’s stock in a transaction dated Friday, January 10th. The shares were sold at an average price of C$12.25, for a total value of C$104,125.00. Also, Director Daniel Kim Halyk purchased 30,500 shares of the company’s stock in a transaction that occurred on Monday, March 10th. The stock was acquired at an average cost of C$8.90 per share, for a total transaction of C$271,450.00. In the last three months, insiders have bought 88,250 shares of company stock valued at $945,845. 7.73% of the stock is owned by company insiders.

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.