Trican Well Service Ltd. (OTCMKTS:TOLWF – Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $3.11 and traded as high as $3.25. Trican Well Service shares last traded at $3.23, with a volume of 21,434 shares changing hands.
Trican Well Service Stock Up 2.1 %
The company’s 50 day moving average price is $3.12 and its 200 day moving average price is $3.10.
Trican Well Service Increases Dividend
The company also recently disclosed a dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were paid a dividend of $0.0333 per share. This represents a yield of 4.17%. This is a boost from Trican Well Service’s previous dividend of $0.03. The ex-dividend date of this dividend was Thursday, March 14th. Trican Well Service’s dividend payout ratio is currently -145.40%.
About Trican Well Service
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 primarily 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.
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