High Arctic Energy Services Inc (TSE:HWO) to Issue Monthly Dividend of $0.01

High Arctic Energy Services Inc (TSE:HWO – Get Rating) declared a monthly dividend on Monday, January 23rd, Zacks reports. Stockholders of record on Tuesday, January 31st will be paid a dividend of 0.005 per share on Tuesday, February 14th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 3.77%. The ex-dividend date is Monday, January 30th.

High Arctic Energy Services Stock Performance

TSE HWO opened at C$1.59 on Wednesday. The firm has a 50-day moving average of C$1.52 and a 200-day moving average of C$1.47. The company has a debt-to-equity ratio of 6.62, a quick ratio of 4.54 and a current ratio of 5.68. The stock has a market cap of C$77.46 million and a PE ratio of -4.82. High Arctic Energy Services has a 52-week low of C$1.22 and a 52-week high of C$1.95.

High Arctic Energy Services (TSE:HWO – Get Rating) last posted its earnings results on Thursday, November 10th. The company reported C($0.09) earnings per share (EPS) for the quarter. The firm had revenue of C$12.52 million for the quarter. On average, sell-side analysts anticipate that High Arctic Energy Services will post -0.01 EPS for the current year.

High Arctic Energy Services Company Profile

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High Arctic Energy Services Inc, an oilfield services company, provides oilfield services to exploration and production companies in Canada and Papua New Guinea. The company operates through three segments: Drilling Services, Production Services, and Ancillary Services. It offers snubbing services, including foothills standalone snubbing system for completions and workovers; hydraulic workover units, such as a patented L-Frame equipment configuration; rig assist snubbing unit, a truck-mounted hydraulic system to manage underbalanced wellbore conditions; and power tower to install a snubbing unit and blowout preventers in one lift.