Westshore Terminals Investment (TSE:WTE) Announces Earnings Results

Westshore Terminals Investment (TSE:WTE) announced its earnings results on Tuesday. The company reported C$0.55 EPS for the quarter, reports. The company had revenue of C$103.50 million for the quarter. Westshore Terminals Investment had a return on equity of 14.82% and a net margin of 27.78%.

Westshore Terminals Investment Stock Up 0.6 %

Shares of TSE WTE traded up C$0.14 during midday trading on Friday, hitting C$23.95. 9,651 shares of the stock traded hands, compared to its average volume of 82,556. The company has a debt-to-equity ratio of 62.89, a quick ratio of 2.07 and a current ratio of 1.13. Westshore Terminals Investment has a one year low of C$21.93 and a one year high of C$29.08. The business has a 50 day moving average price of C$23.81 and a two-hundred day moving average price of C$23.57. The company has a market cap of C$1.48 billion, a PE ratio of 14.17 and a beta of 0.86.

Westshore Terminals Investment Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 6.26%. The ex-dividend date of this dividend is Tuesday, December 31st. Westshore Terminals Investment’s dividend payout ratio (DPR) is currently 89.29%.

Westshore Terminals Investment Company Profile

Westshore Terminals Investment Corporation operates a coal storage and unloading/loading terminal at Roberts Bank, British Columbia. The company has contracts to ship coal from mines in British Columbia, Alberta, and the United States. Westshore Terminals Investment Corporation was founded in 1970 and is headquartered in Vancouver, Canada.