Westshore Terminals Investment (TSE:WTE) Releases Quarterly Earnings Results

Westshore Terminals Investment (TSE:WTE) issued its quarterly earnings results on Tuesday. The company reported C$0.55 earnings per share (EPS) for the quarter, reports. Westshore Terminals Investment had a return on equity of 14.82% and a net margin of 27.78%. The company had revenue of C$103.50 million during the quarter.

Westshore Terminals Investment Stock Down 0.1 %

TSE:WTE traded down C$0.02 during mid-day trading on Friday, reaching C$23.79. The company’s stock had a trading volume of 17,051 shares, compared to its average volume of 82,570. The stock has a fifty day moving average of C$23.81 and a 200-day moving average of C$23.57. Westshore Terminals Investment has a 1 year low of C$21.93 and a 1 year high of C$29.08. The firm has a market capitalization of C$1.47 billion, a PE ratio of 14.17 and a beta of 0.86. The company has a quick ratio of 2.07, a current ratio of 1.13 and a debt-to-equity ratio of 62.89.

Westshore Terminals Investment Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 6.31%. The ex-dividend date is Tuesday, December 31st. Westshore Terminals Investment’s dividend payout ratio (DPR) is presently 89.29%.

About Westshore Terminals Investment

Westshore Terminals Investment Corporation operates a coal storage and unloading/loading terminal at Roberts Bank, British Columbia. The company has contracts to ship coal from mines in British Columbia, Alberta, and the United States. Westshore Terminals Investment Corporation was founded in 1970 and is headquartered in Vancouver, Canada.