Trican Well Service Ltd. (OTCMKTS:TOLWF) Plans Dividend Increase – $0.04 Per Share

Trican Well Service Ltd. (OTCMKTS:TOLWF) declared a dividend on Tuesday, March 11th, investing.com reports. Investors of record on Monday, March 17th will be paid a dividend of 0.0352 per share on Monday, March 31st. This represents a yield of 4.61%. The ex-dividend date is Friday, March 14th. This is a 8.9% increase from Trican Well Service’s previous dividend of $0.03.

Trican Well Service Stock Performance

Shares of OTCMKTS TOLWF traded down $0.10 during midday trading on Wednesday, reaching $3.06. 30,857 shares of the company were exchanged, compared to its average volume of 60,479. The stock’s 50-day moving average price is $3.36 and its 200-day moving average price is $3.42. Trican Well Service has a one year low of $2.79 and a one year high of $3.85.

Trican Well Service Company Profile

Trican Well Service Ltd., an equipment services company, provides various specialized products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells primarily in Canada. The company offers cementing solutions, including pre-flushes and spacers, cement plugs, lost circulation, cement design, and laboratory solutions, as well as surface, intermediate, production, liner, horizontal, and remedial/squeeze cementing services.