Dawson Geophysical (NASDAQ:DWSN) to Issue Dividend of $0.32

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 is Friday, April 19th.

Dawson Geophysical Price Performance

DWSN opened at $2.15 on Thursday. The stock’s 50-day moving average price is $1.54 and its 200 day moving average price is $1.67. Dawson Geophysical has a 12-month low of $1.27 and a 12-month high of $2.65. The firm has a market cap of $66.24 million, a price-to-earnings ratio of -4.57 and a beta of 0.89. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 0.04.

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

Institutional Investors Weigh In On Dawson Geophysical

An institutional investor recently bought a new position in Dawson Geophysical stock. Citadel Advisors LLC acquired a new position in shares of Dawson Geophysical (NASDAQ:DWSN) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 16,759 shares of the oil and gas company’s stock, valued at approximately $31,000. Citadel Advisors LLC owned 0.05% of Dawson Geophysical at the end of the most recent quarter. 7.86% of the stock is owned by institutional investors and hedge funds.

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.