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Pason Systems (TSX:PSI) 3-Year Dividend Growth Rate : 0.00% (As of Dec. 2023)


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What is Pason Systems 3-Year Dividend Growth Rate?

Pason Systems's Dividends per Share for the three months ended in Dec. 2023 was C$0.12.

The historical rank and industry rank for Pason Systems's 3-Year Dividend Growth Rate or its related term are showing as below:

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Pason Systems was 42.70% per year. The lowest was -34.10% per year. And the median was 17.10% per year.

TSX:PSI's 3-Year Dividend Growth Rate is not ranked *
in the Oil & Gas industry.
Industry Median: 14.5
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

During the past 12 months, Pason Systems's average Dividends Per Share Growth Rate was 33.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -13.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -6.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Pason Systems's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.56. As of today, Pason Systems's Dividend Yield % is 3.02%.

Warning Sign:

Pason Systems Inc stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Pason Systems's 3-Year Dividend Growth Rate

For the Oil & Gas Equipment & Services subindustry, Pason Systems's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pason Systems's 3-Year Dividend Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pason Systems's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Pason Systems's 3-Year Dividend Growth Rate falls into.



Pason Systems 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Pason Systems  (TSX:PSI) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Pason Systems's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.12/ 0.216
=0.56

During the past 13 years, the highest Dividend Payout Ratio of Pason Systems was 7.91. The lowest was 0.29. And the median was 0.89.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Pason Systems Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.1302024-03-142024-03-152024-03-29Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.1202023-12-142023-12-152023-12-29Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.1202023-09-142023-09-152023-09-29Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.1202023-06-142023-06-152023-06-30Cash DividendquarterlyCAD:CAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Pason Systems's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.49/16.25
=3.02 %

Current Share Price is C$16.25.
Pason Systems's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.49.

During the past 13 years, the highest Dividend Yield of Pason Systems was 14.21%. The lowest was 1.28%. And the median was 3.44%.

Warning Sign:

Pason Systems Inc stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Pason Systems 3-Year Dividend Growth Rate Related Terms>


Pason Systems (TSX:PSI) Business Description

Industry
Traded in Other Exchanges
Address
6130 Third Street SE, Calgary, AB, CAN, T2H 1K4
Pason Systems Inc is an oilfield specialist with fully integrated drilling data solutions. A host of products allow customers to collect, manage, report, and analyze drilling data for performance optimization and cost control. The electronic drilling recorder is the company's primary product, and provides a complete system of drilling data acquisition, data networking, drilling management tools, and reports at both the wellsite and customer office. Other product offerings include wellbore detection solutions, wellsite communications and bandwidth, wellbore gas analyzers, and software for data management. The company operates in three geographic segments: Canada, the United States, and International (Latin America, Offshore, the Eastern Hemisphere, and the Middle East).

Pason Systems (TSX:PSI) Headlines