Total Energy Services Inc. (TSE:TOT) Raises Dividend to $0.10 Per Share

Total Energy Services Inc. (TSE:TOT) declared a quarterly dividend on Monday, March 31st, TickerTech Dividends reports. Stockholders 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 Stock Performance

Shares of TOT stock traded down C$0.06 during trading hours on Friday, hitting C$9.49. 43,784 shares of the company were exchanged, compared to its average volume of 55,761. The company has a current ratio of 1.40, a quick ratio of 1.09 and a debt-to-equity ratio of 27.27. The stock has a market capitalization of C$356.65 million, a price-to-earnings ratio of 8.49, a P/E/G ratio of 1.77 and a beta of 2.02. The firm has a fifty day simple moving average of C$10.51 and a 200 day simple moving average of C$10.63. Total Energy Services has a 52-week low of C$8.85 and a 52-week high of C$12.44.

Analyst Upgrades and Downgrades

Separately, TD Securities dropped their price objective on shares of Total Energy Services from C$19.00 to C$18.00 in a report on Tuesday, December 10th.

Insider Buying and Selling

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

About Total Energy Services

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.