Dawson Geophysical (NASDAQ:DWSN) Plans $0.32 Dividend

Dawson Geophysical (NASDAQ:DWSN) announced a dividend on Thursday, March 28th, investing.com reports. Stockholders of record on Monday, April 22nd will be paid a dividend of 0.32 per share by the oil and gas company on Monday, May 6th. This represents a dividend yield of 18.03%. The ex-dividend date of this dividend is Friday, April 19th.

Dawson Geophysical Trading Up 13.2 %

NASDAQ DWSN opened at $2.15 on Thursday. The firm has a market capitalization of $66.24 million, a price-to-earnings ratio of -4.57 and a beta of 0.89. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.67 and a current ratio of 1.67. Dawson Geophysical has a one year low of $1.27 and a one year high of $2.65. The company’s 50 day moving average price is $1.54 and its 200 day moving average price is $1.67.

Dawson Geophysical (NASDAQ:DWSN) last released its quarterly earnings data on Monday, April 1st. The oil and gas company reported ($0.07) earnings per share (EPS) for the quarter. The business had revenue of $24.26 million during the quarter. Dawson Geophysical had a negative return on equity of 38.29% and a negative net margin of 12.54%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Dawson Geophysical stock. Citadel Advisors LLC bought a new stake in Dawson Geophysical (NASDAQ:DWSN) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 16,759 shares of the oil and gas company’s stock, valued at approximately $31,000. Citadel Advisors LLC owned approximately 0.05% of Dawson Geophysical as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 7.86% of the company’s stock.

Dawson Geophysical Company Profile

Dawson Geophysical Company provides onshore seismic data acquisition and processing services in the United States and Canada. The company acquires and processes 2-D, 3-D, and multi-component seismic data for its clients, including oil and gas companies, and independent oil and gas operators, as well as providers of multi-client data libraries.