Trican Well Service Ltd., an equipment services company, provides various specialized products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells in Canada. The company offers cementing solutions, including pre-flushes and spacers, cement plugs, lost circulation, cement design, and laboratory solutions, as well as surface, intermediate, production, liner, horizontal, and remedial/squeeze cementing services; and cement pumpers, bulk equipment, and cement auxiliary equipment. It also provides reservoir solutions, such as exploration, production analysis, and simulation and modeling services; and coiled tubing solutions comprising coiled tubing fracturing and acidizing, specially designed tools, in-house engineering, well cleanouts, milling, high pressure jetting, e-coil, nitrogen gas lifting, and production enhancement, as well as equipment and tools. In addition, the company offers acidizing and production enhancement services that include production and injection well enhancement services, and equipment; well intervention tools; and fracturing solutions and equipment. Trican Well Service Ltd. was incorporated in 1979 and is headquartered in Calgary, Canada.
Trican Well Service Dividend Announcement
• Trican Well Service announced a quarterly dividend of $0.00 per ordinary share which will be made payable on . Ex dividend date: 2024-12-13
• Trican Well Service annual dividend for 2024 was $0.10
• Trican Well Service annual dividend for 2023 was $0.12
• Trican Well Service's trailing twelve-month (TTM) dividend yield is 3.66%
• Trican Well Service's payout ratio for the trailing twelve months (TTM) is 32.04%
Trican Well Service Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-13 | $0.00 | quarterly | |
2024-09-13 | $0.03 | quarterly | 2024-09-30 |
2024-06-14 | $0.03 | quarterly | 2024-06-28 |
2024-03-14 | $0.03 | quarterly | 2024-03-29 |
2023-12-14 | $0.03 | quarterly | 2023-12-29 |
2023-09-14 | $0.03 | quarterly | 2023-09-30 |
2023-06-14 | $0.03 | quarterly | 2023-06-30 |
2023-03-14 | $0.03 | quarterly | 2023-03-31 |
2015-12-29 | $0.15 | quarterly | |
2014-12-29 | $0.13 | quarterly | |
2014-06-26 | $0.14 | quarterly | |
2013-12-27 | $0.14 | quarterly | |
2013-06-26 | $0.15 | quarterly | |
2012-12-27 | $0.15 | quarterly | |
2012-06-27 | $0.15 | quarterly | |
2011-12-28 | $0.05 | quarterly | |
2011-06-28 | $0.05 | quarterly | |
2010-12-29 | $0.05 | quarterly | |
2010-06-28 | $0.05 | quarterly | |
2009-12-29 | $0.05 | quarterly | |
2009-06-26 | $0.05 | quarterly |
Trican Well Service Dividend per year
Trican Well Service Dividend growth
Trican Well Service Dividend Yield
Trican Well Service current trailing twelve-month (TTM) dividend yield is 3.66%. Interested in purchasing Trican Well Service stock? Use our calculator to estimate your expected dividend yield:
Trican Well Service Financial Ratios
Trican Well Service Dividend FAQ
Other factors to consider when evaluating Trican Well Service 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.
Place an order: Use the brokerage's trading platform to place an order to buy Trican Well Service 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.
1. Determination of Dividend: Trican Well Service'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, Trican Well Service 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, Trican Well Service 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 Trican Well Service 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. Record Date: Trican Well Service 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, Trican Well Service distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Trican Well Service 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.
To assess the safety of Trican Well Service'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 Trican Well Service'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.