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Pulse Seismic Inc T.PSD

Alternate Symbol(s):  PLSDF

Pulse Seismic Inc. is engaged in the acquisition, marketing and licensing of two-dimensional (2D) and three-dimensional (3D) seismic data to the western Canadian energy sector. The Company owns the licensable seismic data library in Canada, consisting of approximately 65,310 square kilometers of 3D seismic and 829,207 kilometers of 2D seismic. It calculates net kilometers of 2D data and net square kilometers of 3D data by multiplying the number of kilometers of seismic data in each 2D line and the number of square kilometers of seismic data in each individual 3D seismic dataset by its percentage of ownership in each. The Company's library covers the Western Canada Sedimentary Basin (WCSB).


TSX:PSD - Post by User

Comment by OptsyEagleon Oct 29, 2021 7:48am
117 Views
Post# 34062149

RE:RE:Strong Q3 2021 Results, Resumes Regular Quarterly Dividends

RE:RE:Strong Q3 2021 Results, Resumes Regular Quarterly Dividends I would rather see a regular dividend, that they feel is sustainable, then a larger one that is not and I am definitely not a big fan of special dividends.  The cash from a special is nice but it really doesn't do too much for the investment longer term other then the amount of the dividend.   I can't remember how long ago they paid a $0.20 special dividend but it probably was not more then 4 years ago.   When you think about it they could have just paid a $0.0125 regular quarterly dividend every quarter for the last 4 years and it would not have cost them anymore money.  That $0.05 annual dividend would have done a much better job keeping the stock from hitting $0.66 during the pandemic then the memory of that special $0.20 dividend ever did.   

I suppose there is nothing wrong with a combo of regular and special but the emphasis should always be on the regular dividends.
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