Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) announced a quarterly dividend on Wednesday, November 18th, Fidelity reports. Investors of record on Friday, November 27th will be given a dividend of 0.105 per share on Monday, December 7th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 6.01%. The ex-dividend date is Wednesday, November 25th.
SOI stock opened at $6.99 on Friday. The company has a quick ratio of 7.23, a current ratio of 7.32 and a debt-to-equity ratio of 0.21. Solaris Oilfield Infrastructure has a fifty-two week low of $4.50 and a fifty-two week high of $14.75. The firm’s 50-day simple moving average is $6.33 and its 200 day simple moving average is $6.96. The stock has a market cap of $316.86 million, a PE ratio of -699.00 and a beta of 2.17.
Solaris Oilfield Infrastructure (NYSE:SOI) last released its quarterly earnings data on Thursday, October 29th. The company reported ($0.09) earnings per share for the quarter, hitting the Zacks’ consensus estimate of ($0.09). Solaris Oilfield Infrastructure had a net margin of 1.00% and a return on equity of 9.51%. Equities analysts forecast that Solaris Oilfield Infrastructure will post -0.04 EPS for the current fiscal year.
In other news, Director James R. Burke sold 7,305 shares of Solaris Oilfield Infrastructure stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $7.31, for a total value of $53,399.55. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 15.03% of the company’s stock.
Solaris Oilfield Infrastructure Company Profile
Solaris Oilfield Infrastructure, Inc designs, manufactures, and rents mobile proppant and chemical management systems to unload, store, and deliver proppant and chemicals at oil and natural gas well sites in the United States. Its systems are used to transfer large quantities of proppant and chemicals to the well sites.
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