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TerraVest Industries Inc T.TVK

Alternate Symbol(s):  TRRVF

TerraVest Industries Inc. is a diversified industrial company. Its segments include Home Heating and Cooling Products (HVAC Equipment), Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment), Energy Processing Equipment and Service. The HVAC Equipment segment manufactures and distributes products, including commercial and residential refined fuel tanks, furnaces, boilers, air conditioning equipment and controls. The Compressed Gas Equipment segment manufactures engineered products for the storage, distribution and dispensing of compressed gases including liquid propane gas, natural gas liquids, carbon dioxide and other gases. The Energy Processing Equipment segment manufactures and sells equipment, such as wellhead processing equipment and tanks, biogas production equipment, and other custom process equipment. The Service segment provides a range of services to the energy sector in Western Canada. It is also engaged in water management and related services.


TSX:TVK - Post by User

Post by Torontojayon May 20, 2022 6:05am
272 Views
Post# 34697450

Q2 cash distribution

Q2 cash distribution

As of Q2, total cash available for distribution amounts to $13,700k.This is a forward annual run rate of $54,800k. Given that it's market cap is ~ $442m, the company could theoretically pay a dividend of ~ 12.3% if it continues with this momentum in Q2 over the next 12 months. The actual dividend paid is $ 1,793 for a 13% payout ratio. 

In the last 6 months, the company's cash for distribution stood at $ 26,508. 

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