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. The company also rents oilfield equipment comprising accumulators, blowout preventers, casing cutters and scrappers, hydraulic catwalks, rig shacks, chokes, boilers, boiler blowdown tanks, generators, light towers, cross over and rotary subs, elevators, EUE collars, fire suppression kits, fuel tank skids, hot tap kits, mud cans, pickers, pipe racks, power swivels, pumps, slips, spools, flanges, thread washers, tongs, trailers and accommodations, tubing, gate, plug, hydraulic/air actuated, and safety valves; and kelly cocks for drilling, completions, workover, and abandonment of oil and gas operations. In addition, it provides nitrogen pumping units; and well servicing. Further, the company owns and operates two heli-portable drilling rigs in Papua New Guinea; and offers support equipment, such as rig matting, crawler cranes, water pumps, forklifts/wheel loaders, telehandlers, lighting towers, camps, trucks, wash-down packages, vehicles, and drill pipes and BHA. High Arctic Energy Services Inc. was founded in 1993 and is headquartered in Calgary, Canada.
High Arctic Energy Services Dividend Announcement
• High Arctic Energy Services announced a monthly dividend of $0.14 per ordinary share which will be made payable on . Ex dividend date: 2024-07-18
• High Arctic Energy Services annual dividend for 2024 was $0.14
• High Arctic Energy Services annual dividend for 2023 was $0.03
• High Arctic Energy Services's trailing twelve-month (TTM) dividend yield is 46.99%
• High Arctic Energy Services's payout ratio for the trailing twelve months (TTM) is -6.85%
• High Arctic Energy Services's dividend growth over the last five years (2018-2023) was -24.90% year
High Arctic Energy Services Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-18 | $0.14 | monthly | |
| 2023-09-28 | $0.00 | monthly | 2023-10-16 |
| 2023-08-30 | $0.00 | monthly | 2023-09-14 |
| 2023-07-28 | $0.00 | monthly | 2023-08-14 |
| 2023-06-29 | $0.00 | monthly | 2023-07-14 |
| 2023-05-30 | $0.00 | monthly | 2023-06-14 |
| 2023-04-27 | $0.00 | monthly | 2023-05-12 |
| 2023-03-30 | $0.00 | monthly | 2023-04-14 |
| 2023-02-27 | $0.00 | monthly | 2023-03-14 |
| 2023-01-30 | $0.00 | monthly | 2023-02-14 |
| 2022-12-29 | $0.00 | monthly | 2023-01-13 |
| 2022-11-29 | $0.00 | monthly | 2022-12-14 |
| 2022-10-28 | $0.00 | monthly | 2022-11-14 |
| 2022-09-28 | $0.00 | monthly | 2022-10-14 |
| 2022-08-30 | $0.00 | monthly | 2022-09-14 |
| 2022-06-29 | $0.00 | monthly | 2022-07-14 |
| 2022-06-07 | $0.00 | monthly | 2022-06-14 |
| 2022-05-31 | $0.00 | monthly | |
| 2022-04-29 | $0.00 | monthly | 2022-05-12 |
| 2021-10-26 | $0.16 | monthly | 2021-11-05 |
| 2020-02-27 | $0.01 | monthly | 2020-03-13 |
| 2020-01-30 | $0.01 | monthly | 2020-02-14 |
| 2019-12-30 | $0.01 | monthly | 2020-01-14 |
| 2019-11-29 | $0.01 | monthly | 2019-12-13 |
| 2019-10-30 | $0.01 | monthly | 2019-11-14 |
| 2019-09-27 | $0.01 | monthly | 2019-10-14 |
| 2019-08-29 | $0.01 | monthly | 2019-09-13 |
| 2019-07-30 | $0.01 | monthly | 2019-08-14 |
| 2019-06-27 | $0.01 | monthly | 2019-07-12 |
| 2019-05-30 | $0.01 | monthly | 2019-06-14 |
| 2019-04-29 | $0.01 | monthly | 2019-05-14 |
| 2019-01-30 | $0.01 | monthly | 2019-02-14 |
| 2018-12-28 | $0.01 | monthly | 2019-01-14 |
| 2018-11-29 | $0.01 | monthly | 2018-12-14 |
| 2018-09-27 | $0.01 | monthly | 2018-10-12 |
| 2018-08-30 | $0.01 | monthly | 2018-09-14 |
| 2018-07-30 | $0.01 | monthly | 2018-08-14 |
| 2018-06-28 | $0.01 | monthly | 2018-07-13 |
| 2018-05-30 | $0.01 | monthly | 2018-06-14 |
| 2018-04-27 | $0.01 | monthly | 2018-05-14 |
| 2018-03-28 | $0.01 | monthly | 2018-04-13 |
| 2018-02-27 | $0.01 | monthly | 2018-03-14 |
| 2018-01-30 | $0.01 | monthly | 2018-02-14 |
| 2017-12-28 | $0.01 | monthly | 2018-01-12 |
| 2017-11-29 | $0.01 | monthly | 2017-12-14 |
| 2017-10-30 | $0.01 | monthly | 2017-11-14 |
| 2017-09-28 | $0.01 | monthly | 2017-10-13 |
| 2017-08-29 | $0.01 | monthly | 2017-09-14 |
| 2017-07-27 | $0.01 | monthly | 2017-08-14 |
| 2017-06-28 | $0.01 | monthly | 2017-07-14 |
| 2017-04-26 | $0.01 | monthly | 2017-05-12 |
| 2017-03-29 | $0.01 | monthly | 2017-04-13 |
| 2017-02-24 | $0.01 | monthly | 2017-03-14 |
| 2017-01-27 | $0.01 | monthly | 2017-02-14 |
| 2016-12-28 | $0.01 | monthly | |
| 2016-11-28 | $0.01 | monthly | |
| 2016-10-27 | $0.01 | monthly | |
| 2016-09-28 | $0.01 | monthly | |
| 2016-08-29 | $0.01 | monthly | |
| 2016-07-27 | $0.01 | monthly | |
| 2016-06-28 | $0.01 | monthly | |
| 2016-05-27 | $0.01 | monthly | |
| 2016-04-27 | $0.01 | monthly | |
| 2016-03-29 | $0.01 | monthly | |
| 2016-02-25 | $0.01 | monthly | |
| 2016-01-27 | $0.01 | monthly | |
| 2015-12-29 | $0.01 | monthly | |
| 2015-11-27 | $0.01 | monthly | |
| 2015-10-28 | $0.01 | monthly | |
| 2015-09-28 | $0.01 | monthly | |
| 2015-08-27 | $0.01 | monthly | |
| 2015-07-29 | $0.01 | monthly | |
| 2015-06-26 | $0.01 | monthly | |
| 2015-05-27 | $0.01 | monthly | |
| 2015-04-28 | $0.01 | monthly | |
| 2015-03-27 | $0.01 | monthly | |
| 2015-02-25 | $0.01 | monthly | |
| 2015-01-28 | $0.01 | monthly | |
| 2014-12-29 | $0.01 | monthly | |
| 2014-11-26 | $0.01 | monthly | |
| 2014-10-29 | $0.01 | monthly |
High Arctic Energy Services Dividend per year
High Arctic Energy Services Dividend growth
High Arctic Energy Services Dividend Yield
High Arctic Energy Services current trailing twelve-month (TTM) dividend yield is 46.99%. Interested in purchasing High Arctic Energy Services stock? Use our calculator to estimate your expected dividend yield:
High Arctic Energy Services Financial Ratios
P/E ratio-1.18
PEG ratio0.05
P/B ratio0.20
ROE-11.70%
Payout ratio-6.85%
Current ratio1.92
Quick ratio1.92
Cash Ratio0.82
High Arctic Energy Services Dividend FAQ
How much is the next High Arctic Energy Services dividend?
High Arctic Energy Services's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next High Arctic Energy Services dividend. The next High Arctic Energy Services dividend will be released in January, February, March, April, May, June, July, August, or September.
When is High Arctic Energy Services dividend paid?
High Arctic Energy Services pays dividends on a monthly basis. The specific dates may vary each year but are generally around January, February, March, April, May, June, July, August, and September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does High Arctic Energy Services pay?
The specific amount of High Arctic Energy Services dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find High Arctic Energy Services's dividend history.
Does High Arctic Energy Services stock pay dividends?
Yes, High Arctic Energy Services does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find High Arctic Energy Services's dividend history.
How much dividend does High Arctic Energy Services pay?
High Arctic Energy Services paid $0.139 in 2024, $0.033 in 2023, $0.034 in 2022, $0.162 in 2021, and $0.025 in 2020.
How often does High Arctic Energy Services pay dividends?
High Arctic Energy Services typically pays dividends on a monthly basis. This means that dividends are usually distributed 12 times a year. The specific payout dates may vary each year but generally fall around January, February, March, April, May, June, July, August, and September.
What is High Arctic Energy Services's dividend yield?
The current dividend yield for High Arctic Energy Services is 46.99%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate High Arctic Energy Services's exact dividend yield.
When does High Arctic Energy Services go ex dividend?
High Arctic Energy Services's ex-dividend date for the latest dividend was on 2024-07-18. High Arctic Energy Services typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next High Arctic Energy Services dividend paid?
High Arctic Energy Services pays dividends on a monthly basis, typically around January, February, March, April, May, June, July, August, or September, but the exact dates can vary each year.
Will High Arctic Energy Services increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether High Arctic Energy Services will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is High Arctic Energy Services dividend per share?
High Arctic Energy Services paid $0.139 per share in 2024 and $0.033 per share in 2023. The amount of dividend per share that High Arctic Energy Services pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is High Arctic Energy Services a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is High Arctic Energy Services a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is High Arctic Energy Services a dividend stock?
Yes, High Arctic Energy Services is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is High Arctic Energy Services a good dividend stock?
Whether High Arctic Energy Services is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. High Arctic Energy Services has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating High Arctic Energy Services as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating High Arctic Energy Services as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does High Arctic Energy Services pay dividends monthly?
High Arctic Energy Services typically pays dividends on a monthly basis.
Does High Arctic Energy Services pay dividends quarterly?
High Arctic Energy Services currently pays dividends on a monthly basis.
Has High Arctic Energy Services ever paid a dividend?
Yes, High Arctic Energy Services has a history of paying dividends to its shareholders. High Arctic Energy Services is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy High Arctic Energy Services dividend stocks?
To buy High Arctic Energy Services you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy High Arctic Energy Services stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy High Arctic Energy Services stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does High Arctic Energy Services pay dividends 2024?
High Arctic Energy Services pays dividends on a monthly basis. 2024 dividend payments are in . However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will High Arctic Energy Services increase its dividend in 2024?
Decisions regarding High Arctic Energy Services dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date High Arctic Energy Services dividend overview you can look into the above table of dividend history.
How High Arctic Energy Services dividend works?
The High Arctic Energy Services dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how High Arctic Energy Services's dividend process works:
1. Determination of Dividend: High Arctic Energy Services's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, High Arctic Energy Services publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, High Arctic Energy Services distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from High Arctic Energy Services are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: High Arctic Energy Services's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, High Arctic Energy Services publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, High Arctic Energy Services distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from High Arctic Energy Services are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are High Arctic Energy Services dividends paid?
High Arctic Energy Services dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: High Arctic Energy Services sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, High Arctic Energy Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: High Arctic Energy Services declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: High Arctic Energy Services sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, High Arctic Energy Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: High Arctic Energy Services declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does High Arctic Energy Services pay dividends?
High Arctic Energy Services typically pays dividends on a monthly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does High Arctic Energy Services pay dividends?
The general pattern is that High Arctic Energy Services pays dividends around January, February, March, April, May, June, July, August, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is High Arctic Energy Services dividend safe?
The safety of High Arctic Energy Services's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of High Arctic Energy Services's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review High Arctic Energy Services's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of High Arctic Energy Services's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review High Arctic Energy Services's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.