TerraVest Industries Inc (TSE:TVK) Declares $0.10 Quarterly Dividend

TerraVest Industries Inc (TSE:TVK) announced a quarterly dividend on Thursday, June 27th, TickerTech reports. Stockholders of record on Tuesday, July 9th will be paid a dividend of 0.10 per share on Tuesday, July 9th. This represents a $0.40 annualized dividend and a dividend yield of 3.02%. The ex-dividend date is Thursday, June 27th.

Shares of TVK stock opened at C$13.26 on Wednesday. TerraVest Industries has a 12-month low of C$9.00 and a 12-month high of C$13.50. The company has a quick ratio of 1.35, a current ratio of 3.42 and a debt-to-equity ratio of 127.99. The stock has a 50-day moving average price of C$13.10. The company has a market capitalization of $229.94 million and a PE ratio of 11.38.

TerraVest Industries (TSE:TVK) last issued its quarterly earnings data on Wednesday, May 15th. The company reported C$0.30 earnings per share for the quarter. The company had revenue of C$76.16 million for the quarter. As a group, research analysts forecast that TerraVest Industries will post 0.78 EPS for the current fiscal year.

About TerraVest Industries

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.

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