High Arctic Energy Services Inc (TSE:HWO) to Issue $0.01 Monthly Dividend

High Arctic Energy Services Inc (TSE:HWOGet Rating) declared a monthly dividend on Friday, March 11th, Zacks reports. Stockholders of record on Saturday, April 30th will be paid a dividend of 0.005 per share on Thursday, May 12th. This represents a $0.06 annualized dividend and a dividend yield of 3.33%. The ex-dividend date of this dividend is Friday, April 29th.

TSE HWO opened at C$1.80 on Wednesday. The company has a current ratio of 2.93, a quick ratio of 2.19 and a debt-to-equity ratio of 11.10. The firm has a market capitalization of C$87.72 million and a price-to-earnings ratio of -4.72. The firm’s 50 day simple moving average is C$1.75 and its 200 day simple moving average is C$1.65. High Arctic Energy Services has a 1 year low of C$1.15 and a 1 year high of C$2.00.

High Arctic Energy Services (TSE:HWOGet Rating) last posted its quarterly earnings results on Thursday, March 10th. The company reported C($0.10) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C($0.06) by C($0.04). The company had revenue of C$23.64 million for the quarter, compared to analyst estimates of C$24.00 million. On average, equities research analysts forecast that High Arctic Energy Services will post -0.02 earnings per share for the current year.

High Arctic Energy Services Company Profile (Get Rating)

High Arctic Energy Services Inc, an oilfield services company, provides oilfield services to exploration and production companies in Canada and Papua New Guinea. The company operates through three segments: Drilling Services, Production Services, and Ancillary Services. It offers snubbing services, including foothills standalone snubbing system for completions and workovers; hydraulic workover units, such as a patented L-Frame equipment configuration; rig assist snubbing unit, a truck-mounted hydraulic system to manage underbalanced wellbore conditions; and power tower to install a snubbing unit and blowout preventers in one lift.

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Dividend History for High Arctic Energy Services (TSE:HWO)

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