TerraVest Industries Inc., together with its subsidiaries, manufactures and sells goods and services to energy, agriculture, mining, and transportation markets in Canada and the United States. It operates through three segments: Fuel Containment, Processing Equipment, and Service. The Fuel Containment segment manufactures bulk liquefied petroleum gas (LPG) transport trailers, LPG delivery and service trucks, LPG storage tanks, residential and commercial LPG tanks and dispensers, custom pressure vessels, commercial and residential refined fuel tanks, and furnaces and boilers. This segment sells its products directly to end user, as well as through various distribution networks to fuel distributors, transportation companies, industrial and commercial consumers, and residential consumers. The Processing Equipment segment manufactures and sells a range of equipment, such as wellhead processing equipment and tanks, wellhead desanding units, central facilities processing equipment, natural gas liquids (NGL) and LPG storage tanks, anhydrous ammonia storage tanks, NGL and LPG transport trailers, ammonia transport trailers and wagons, compressed gas transport trailers, and various customized processing equipment. This segment offers its products to oil and gas producers, midstream and engineering companies, propane and fertilizer distributors, and transportation companies. The Service segment provides well servicing to the oil and gas sector in Southwest and Central Saskatchewan. This segment operates 21 service rigs. The company was formerly known as TerraVest Capital Inc. and changed its name to TerraVest Industries Inc. in February 2018. TerraVest Industries Inc. was founded in 2004 and is headquartered in Vegreville, Canada.
TerraVest Industries Dividend Announcement
• TerraVest Industries announced a quarterly dividend of $0.15 per ordinary share which will be made payable on 2024-10-10. Ex dividend date: 2024-09-27
• TerraVest Industries annual dividend for 2024 was $0.45
• TerraVest Industries annual dividend for 2023 was $0.53
• TerraVest Industries's trailing twelve-month (TTM) dividend yield is 0.5%
• TerraVest Industries's payout ratio for the trailing twelve months (TTM) is 15.27%
• TerraVest Industries's dividend growth over the last five years (2018-2023) was 11.63% year
TerraVest Industries Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-27 | $0.15 | quarterly | 2024-10-10 |
| 2024-06-28 | $0.15 | quarterly | 2024-07-10 |
| 2024-03-27 | $0.15 | quarterly | |
| 2023-12-28 | $0.15 | quarterly | 2024-01-10 |
| 2023-09-28 | $0.12 | quarterly | 2023-10-10 |
| 2023-06-29 | $0.12 | quarterly | 2023-07-10 |
| 2023-03-30 | $0.12 | quarterly | 2023-04-11 |
| 2022-12-29 | $0.12 | quarterly | 2023-01-10 |
| 2022-09-29 | $0.07 | quarterly | 2022-10-11 |
| 2022-06-29 | $0.08 | quarterly | 2022-07-11 |
| 2022-03-30 | $0.08 | quarterly | 2022-04-11 |
| 2021-12-30 | $0.08 | quarterly | 2022-01-10 |
| 2021-09-29 | $0.08 | quarterly | 2021-10-12 |
| 2021-06-29 | $0.08 | quarterly | 2021-07-12 |
| 2021-03-30 | $0.08 | quarterly | 2021-04-12 |
| 2020-12-30 | $0.08 | quarterly | 2021-01-11 |
| 2020-09-29 | $0.07 | quarterly | 2020-10-09 |
| 2020-06-29 | $0.07 | quarterly | 2020-07-09 |
| 2020-03-30 | $0.07 | quarterly | 2020-04-10 |
| 2019-12-30 | $0.08 | quarterly | 2020-01-10 |
| 2019-09-27 | $0.08 | quarterly | 2019-10-10 |
| 2019-06-27 | $0.08 | quarterly | 2019-07-09 |
| 2019-03-28 | $0.07 | quarterly | 2019-04-10 |
| 2018-12-28 | $0.07 | quarterly | 2019-01-11 |
| 2018-09-26 | $0.08 | quarterly | 2018-10-08 |
| 2018-06-27 | $0.08 | quarterly | 2018-07-10 |
| 2018-03-28 | $0.08 | quarterly | 2018-04-09 |
| 2017-12-28 | $0.08 | quarterly | 2018-01-09 |
| 2017-09-28 | $0.08 | quarterly | 2017-10-10 |
| 2017-06-28 | $0.08 | quarterly | 2017-07-11 |
| 2017-03-29 | $0.07 | quarterly | 2017-04-12 |
| 2016-12-28 | $0.10 | quarterly | |
| 2016-09-28 | $0.10 | quarterly | |
| 2016-06-28 | $0.10 | quarterly | |
| 2016-03-29 | $0.10 | quarterly | |
| 2015-12-29 | $0.10 | quarterly | |
| 2015-10-07 | $0.10 | quarterly | |
| 2015-06-26 | $0.10 | quarterly | |
| 2015-03-27 | $0.10 | quarterly | |
| 2014-12-29 | $0.10 | quarterly | |
| 2014-09-26 | $0.10 | quarterly | |
| 2014-06-26 | $0.10 | quarterly | |
| 2014-04-17 | $0.10 | quarterly | |
| 2014-02-18 | $0.10 | quarterly |
TerraVest Industries Dividend per year
TerraVest Industries Dividend growth
TerraVest Industries Dividend Yield
TerraVest Industries current trailing twelve-month (TTM) dividend yield is 0.5%. Interested in purchasing TerraVest Industries stock? Use our calculator to estimate your expected dividend yield:
TerraVest Industries Financial Ratios
P/E ratio36.15
PEG ratio-3.45
P/B ratio6.56
ROE24.31%
Payout ratio15.27%
Current ratio2.32
Quick ratio0.96
Cash Ratio0.17
TerraVest Industries Dividend FAQ
How much is the next TerraVest Industries dividend?
TerraVest Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next TerraVest Industries dividend. The next TerraVest Industries dividend will be released in March, June, September, or December.
When is TerraVest Industries dividend paid?
TerraVest Industries 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 TerraVest Industries pay?
The specific amount of TerraVest Industries 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 TerraVest Industries's dividend history.
Does TerraVest Industries stock pay dividends?
Yes, TerraVest Industries 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 TerraVest Industries's dividend history.
How much dividend does TerraVest Industries pay?
TerraVest Industries paid $0.45 in 2024, $0.525 in 2023, $0.356 in 2022, $0.317 in 2021, and $0.297 in 2020.
How often does TerraVest Industries pay dividends?
TerraVest Industries 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 TerraVest Industries's dividend yield?
The current dividend yield for TerraVest Industries is 0.5%. 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 TerraVest Industries's exact dividend yield.
When does TerraVest Industries go ex dividend?
TerraVest Industries's ex-dividend date for the latest dividend was on 2024-09-27. TerraVest Industries 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 TerraVest Industries dividend paid?
TerraVest Industries pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will TerraVest Industries 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 TerraVest Industries 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 TerraVest Industries dividend per share?
TerraVest Industries paid $0.45 per share in 2024 and $0.525 per share in 2023. The amount of dividend per share that TerraVest Industries 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 TerraVest Industries 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 TerraVest Industries 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 TerraVest Industries a dividend stock?
Yes, TerraVest Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is TerraVest Industries a good dividend stock?
Whether TerraVest Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. TerraVest Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating TerraVest Industries 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 TerraVest Industries 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 TerraVest Industries pay dividends monthly?
TerraVest Industries typically pays dividends on a quarterly basis.
Does TerraVest Industries pay dividends quarterly?
TerraVest Industries currently pays dividends on a quarterly basis.
Has TerraVest Industries ever paid a dividend?
Yes, TerraVest Industries has a history of paying dividends to its shareholders. TerraVest Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy TerraVest Industries dividend stocks?
To buy TerraVest Industries 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 TerraVest Industries 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 TerraVest Industries 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 TerraVest Industries pay dividends 2024?
TerraVest Industries pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-10. 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 TerraVest Industries increase its dividend in 2024?
Decisions regarding TerraVest Industries 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 TerraVest Industries dividend overview you can look into the above table of dividend history.
How TerraVest Industries dividend works?
The TerraVest Industries 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 TerraVest Industries's dividend process works:
1. Determination of Dividend: TerraVest Industries'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, TerraVest Industries 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, TerraVest Industries 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 TerraVest Industries 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: TerraVest Industries'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, TerraVest Industries 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, TerraVest Industries 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 TerraVest Industries 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 TerraVest Industries dividends paid?
TerraVest Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: TerraVest Industries 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, TerraVest Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TerraVest Industries 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: TerraVest Industries 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, TerraVest Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TerraVest Industries 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 TerraVest Industries pay dividends?
TerraVest Industries 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 TerraVest Industries pay dividends?
The general pattern is that TerraVest Industries 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 TerraVest Industries dividend safe?
The safety of TerraVest Industries'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 TerraVest Industries'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 TerraVest Industries'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 TerraVest Industries'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 TerraVest Industries'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.