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 parameters, detect disfunction, and send event alerts to onsite personnel and remote engineers in real time; and Drilling automation, a reality across rig platforms. In addition, the company offers Pason Gas Analyzer for real-time gas measurement; a robust system of alarms and sensors to monitor ambient gasses in the atmosphere and in the drilling fluids; and Pason Pit Volume Totalizer to track the volumes, gains, and losses of drilling fluids on location. Further, it provides field support, monitoring, drilling optimization, and office support for data integration. The company serves E&P operators, drilling contractors, and other oilfield service companies. Pason Systems Inc. was founded in 1978 and is headquartered in Calgary, Canada.
Pason Systems Dividend Announcement
• Pason Systems announced a quarterly dividend of $0.10 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-13
• Pason Systems annual dividend for 2024 was $0.29
• Pason Systems annual dividend for 2023 was $0.36
• Pason Systems's trailing twelve-month (TTM) dividend yield is 3.43%
• Pason Systems's payout ratio for the trailing twelve months (TTM) is 34.18%
• Pason Systems's dividend growth over the last five years (2018-2023) was -2.36% year
• Pason Systems's dividend growth over the last ten years (2013-2023) was 10.41% year
Pason Systems Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-13 | $0.10 | quarterly | 2024-09-27 |
| 2024-06-14 | $0.09 | quarterly | 2024-06-28 |
| 2024-03-14 | $0.10 | quarterly | |
| 2023-12-14 | $0.09 | quarterly | 2023-12-29 |
| 2023-09-14 | $0.09 | quarterly | 2023-09-29 |
| 2023-06-14 | $0.09 | quarterly | 2023-06-30 |
| 2023-03-14 | $0.09 | quarterly | 2023-03-31 |
| 2022-12-14 | $0.09 | quarterly | 2022-12-30 |
| 2022-09-14 | $0.06 | quarterly | 2022-09-29 |
| 2022-06-14 | $0.06 | quarterly | 2022-06-30 |
| 2021-12-14 | $0.04 | quarterly | 2021-12-31 |
| 2021-09-14 | $0.04 | quarterly | 2021-09-29 |
| 2021-06-14 | $0.04 | quarterly | 2021-06-29 |
| 2021-03-15 | $0.04 | quarterly | 2021-03-30 |
| 2020-12-15 | $0.04 | quarterly | 2020-12-30 |
| 2020-09-15 | $0.04 | quarterly | 2020-09-30 |
| 2020-06-12 | $0.14 | quarterly | 2020-06-29 |
| 2020-03-13 | $0.14 | quarterly | 2020-03-30 |
| 2019-12-13 | $0.14 | quarterly | 2019-12-30 |
| 2019-09-12 | $0.14 | quarterly | 2019-09-27 |
| 2019-06-13 | $0.14 | quarterly | 2019-06-28 |
| 2018-09-13 | $0.14 | quarterly | 2018-09-28 |
| 2018-06-14 | $0.13 | quarterly | 2018-06-29 |
| 2018-03-15 | $0.13 | quarterly | 2018-03-30 |
| 2017-12-14 | $0.13 | quarterly | 2017-12-29 |
| 2017-09-14 | $0.14 | quarterly | 2017-09-29 |
| 2017-06-13 | $0.13 | quarterly | 2017-06-29 |
| 2017-03-14 | $0.13 | quarterly | 2017-03-30 |
| 2016-12-14 | $0.13 | quarterly | |
| 2016-09-14 | $0.13 | quarterly | |
| 2016-06-13 | $0.13 | quarterly | |
| 2016-03-14 | $0.13 | quarterly | |
| 2015-12-14 | $0.12 | quarterly | |
| 2015-09-14 | $0.13 | quarterly | |
| 2015-06-12 | $0.14 | quarterly | |
| 2015-03-12 | $0.13 | quarterly | |
| 2014-12-12 | $0.15 | quarterly | |
| 2014-09-12 | $0.15 | quarterly | |
| 2014-06-11 | $0.14 | quarterly | |
| 2014-03-12 | $0.14 | quarterly | |
| 2013-12-12 | $0.13 | quarterly |
Pason Systems Dividend per year
Pason Systems Dividend growth
Pason Systems Dividend Yield
Pason Systems current trailing twelve-month (TTM) dividend yield is 3.43%. Interested in purchasing Pason Systems stock? Use our calculator to estimate your expected dividend yield:
Pason Systems Financial Ratios
P/E ratio9.40
PEG ratio0.30
P/B ratio2.31
ROE26.38%
Payout ratio34.18%
Current ratio2.62
Quick ratio2.36
Cash Ratio0.95
Pason Systems Dividend FAQ
How much is the next Pason Systems dividend?
Pason Systems's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Pason Systems dividend. The next Pason Systems dividend will be released in March, June, September, or December.
When is Pason Systems dividend paid?
Pason Systems pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. 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 Pason Systems pay?
The specific amount of Pason Systems 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 Pason Systems's dividend history.
Does Pason Systems stock pay dividends?
Yes, Pason Systems 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 Pason Systems's dividend history.
How much dividend does Pason Systems pay?
Pason Systems paid $0.287 in 2024, $0.355 in 2023, $0.211 in 2022, $0.16 in 2021, and $0.352 in 2020.
How often does Pason Systems pay dividends?
Pason Systems typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Pason Systems's dividend yield?
The current dividend yield for Pason Systems is 3.43%. 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 Pason Systems's exact dividend yield.
When does Pason Systems go ex dividend?
Pason Systems's ex-dividend date for the latest dividend was on 2024-09-13. Pason Systems 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 Pason Systems dividend paid?
Pason Systems pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Pason Systems 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 Pason Systems 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 Pason Systems dividend per share?
Pason Systems paid $0.287 per share in 2024 and $0.355 per share in 2023. The amount of dividend per share that Pason Systems 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 Pason Systems 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 Pason Systems 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 Pason Systems a dividend stock?
Yes, Pason Systems is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Pason Systems a good dividend stock?
Whether Pason Systems is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Pason Systems has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Pason Systems 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 Pason Systems 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 Pason Systems pay dividends monthly?
Pason Systems typically pays dividends on a quarterly basis.
Does Pason Systems pay dividends quarterly?
Pason Systems currently pays dividends on a quarterly basis.
Has Pason Systems ever paid a dividend?
Yes, Pason Systems has a history of paying dividends to its shareholders. Pason Systems is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Pason Systems dividend stocks?
To buy Pason Systems 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 Pason Systems 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 Pason Systems 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 Pason Systems pay dividends 2024?
Pason Systems pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-27. 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 Pason Systems increase its dividend in 2024?
Decisions regarding Pason Systems 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 Pason Systems dividend overview you can look into the above table of dividend history.
How Pason Systems dividend works?
The Pason Systems 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 Pason Systems's dividend process works:
1. Determination of Dividend: Pason Systems'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, Pason Systems 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, Pason Systems 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 Pason Systems 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: Pason Systems'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, Pason Systems 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, Pason Systems 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 Pason Systems 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 Pason Systems dividends paid?
Pason Systems dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Pason Systems 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, Pason Systems distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Pason Systems 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: Pason Systems 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, Pason Systems distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Pason Systems 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 Pason Systems pay dividends?
Pason Systems typically pays dividends on a quarterly 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 Pason Systems pay dividends?
The general pattern is that Pason Systems pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Pason Systems dividend safe?
The safety of Pason Systems'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 Pason Systems'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 Pason Systems'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 Pason Systems'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 Pason Systems'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.