TerraVest Industries Inc. (TSE:TVK) to Issue Quarterly Dividend of $0.15

TerraVest Industries Inc. (TSE:TVK) declared a quarterly dividend on Wednesday, May 8th, Zacks reports. Shareholders of record on Sunday, June 30th will be paid a dividend of 0.15 per share on Wednesday, July 10th. This represents a $0.60 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date is Friday, June 28th.

TerraVest Industries Trading Up 0.6 %

TerraVest Industries stock traded up C$0.49 during mid-day trading on Thursday, hitting C$80.50. The stock had a trading volume of 223,908 shares, compared to its average volume of 22,402. The stock has a 50-day simple moving average of C$64.59 and a two-hundred day simple moving average of C$50.78. The company has a current ratio of 2.07, a quick ratio of 0.91 and a debt-to-equity ratio of 149.19. The stock has a market capitalization of C$1.46 billion, a PE ratio of 30.77 and a beta of 0.68. TerraVest Industries has a 12 month low of C$26.41 and a 12 month high of C$82.93.

TerraVest Industries (TSE:TVK) last posted its quarterly earnings results on Thursday, February 8th. The company reported C$0.94 earnings per share for the quarter. TerraVest Industries had a net margin of 6.52% and a return on equity of 23.89%. The business had revenue of C$228.09 million during the quarter. As a group, sell-side analysts forecast that TerraVest Industries will post 0.78 EPS for the current year.

Insider Buying and Selling at TerraVest Industries

In related news, Senior Officer Marilyn Boucher acquired 1,000 shares of the firm’s stock in a transaction that occurred on Friday, March 8th. The stock was acquired at an average cost of C$55.00 per share, with a total value of C$55,000.00. In other news, Senior Officer Marilyn Boucher bought 1,000 shares of the stock in a transaction on Friday, March 8th. The stock was purchased at an average price of C$55.00 per share, with a total value of C$55,000.00. Also, Director Blair Cook sold 4,000 shares of TerraVest Industries stock in a transaction on Monday, April 15th. The stock was sold at an average price of C$74.50, for a total transaction of C$298,000.00. Corporate insiders own 32.46% of the company’s stock.

About TerraVest Industries

TerraVest Industries Inc manufactures and sells goods and services to energy, agriculture, mining, transportation, and other markets in Canada and the United States. It operates through four segments: Home Heating and Cooling Products (HVAC Equipment); Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment); Energy Processing Equipment (Processing Equipment); and Service.