Cactus, Inc. (NYSE:WHD) will begin trading ex-dividend on November 27, 2020. The quarterly dividend payment of $ 0.09 per share is scheduled to be paid on December 17, 2020. The dividend yield based on the latest trading day closing price was 1.51 percent. Shareholders who purchased WHD shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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Cactus, Inc. recently reported third quarter financial results on November 4, 2020, after market close, the Houston based company revealed income for the third quarter of $ 0.13 per share, from the revenue of $ 59.79 million. The quarterly earnings shrunk 72.92 percent while revenues reduced 62.82 percent compared with the same quarter last year. The consensus estimates are $ 55.41 million in revenue The top line results outshined analysts by $ 4.38 million or 7.90 percent.
Stock Performance
Shares of Cactus, Inc. traded up $ 0.14 or 0.59 percent on Thursday, reaching $ 23.86 with volume of 208.40 thousand shares. Cactus, Inc. has traded high as $ 23.89 and has cracked $ 23.07 on the downward trend
According to the previous trading day, closing price of $ 23.86, representing a 190.69 % increase from the 52 week low of $ 8.16 and a 32.77 % decrease over the 52 week high of $ 35.28.
The company has a market capital of $ 1.80 billion and is part of the Energy sector and Oil & Gas Equipment & Services industry.
Cactus, Inc. designs, manufactures, sells, and rents a range of wellheads and pressure control equipment. The companys principal products include Cactus SafeDrill wellhead systems, frac stacks, zipper manifolds, and production trees.
