Pason Systems Inc.

Pason Systems Inc.verified

PSI.TO

Price:

$13.79

Market Cap:

$1.10B

Pason Systems Inc., an energy services and technology company, provides data management systems for drilling rigs in Canada, the United States, and internationally. The company offers Electronic Drilling Recorder, which monitors and records drilling operations around the rig; DataHub for storing data and information collected from the rig for on-demand retrieval; DataLink service provides direct connection interfaces for IT systems and analytics tools; Pason Live for monitoring rig operations in real-time using desktop computers or mobile devices; and daily and end-of-well KPI reports provide visual statistics on rig performance. It also provides Drilling intelligence to suggest drilling par...[Read more]

Industry

Oil & Gas Equipment & Services

IPO Date

1998-01-23

Stock Exchange

TSX

Ticker

PSI.TO

The Dividend Yield as of November 2024 (TTM) for Pason Systems Inc. (PSI.TO) is 3.70%

According to Pason Systems Inc.’s latest financial reports and current stock price. The company's current Dividend Yield is 3.70%. This represents a change of 372.64% compared to the average of 0.78% of the last 4 quarters.

Pason Systems Inc. (PSI.TO) Historical Dividend Yield (quarterly & annually)

How has PSI.TO Dividend Yield performed in the past?

The mean historical Dividend Yield of Pason Systems Inc. over the last ten years is 3.67%. The current 3.70% Dividend Yield has changed 0.85% with respect to the historical average. Over the past ten years (40 quarters), PSI.TO's Dividend Yield was at its highest in in the March 2020 quarter at 3.04%. The Dividend Yield was at its lowest in in the December 2021 quarter at 0.44%.

Quarterly (TTM)
Annual

Average

3.67%

Median

3.54%

Minimum

1.73%

Maximum

6.11%

Pason Systems Inc. (PSI.TO) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Pason Systems Inc. Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 47.16%

Maximum Annual Dividend Yield = 6.11%

Minimum Annual Increase = -71.62%

Minimum Annual Dividend Yield = 1.73%

Quarterly (TTM)
Annual
YearDividend YieldChange
20232.96%31.42%
20222.26%30.10%
20211.73%-71.62%
20206.11%8.42%
20195.64%47.16%
20183.83%6.12%
20173.61%4.28%
20163.46%-1.39%
20153.51%-1.57%
20143.57%30.08%

Pason Systems Inc. (PSI.TO) Average Dividend Yield

How has PSI.TO Dividend Yield performed in the past?

The current Dividend Yield of Pason Systems Inc. (PSI.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.32%

5-year avg

3.74%

10-year avg

3.67%

Pason Systems Inc. (PSI.TO) Dividend Yield vs. Peers

How is PSI.TO’s Dividend Yield compared to its peers?

Pason Systems Inc.’s Dividend Yield is less than Enerflex Ltd. (1.05%), less than Mullen Group Ltd. (4.91%), greater than Shawcor Ltd. (0%), less than Secure Energy Services Inc. (2.49%), greater than Ensign Energy Services Inc. (0%),

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