Precision Drilling Corporation
PDSPrecision Drilling Corporation is a Canadian-based oil and gas drilling service company, specializing in the provision of contract drilling and related services to the energy industry. Founded in 1951, it operates a fleet of land drilling rigs primarily across North America and select international markets. The company offers drilling, well servicing, and associated services to exploration and production companies, supporting the development of oil and natural gas reserves.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| November 18, 2015 | $0.07 | 2015-11-04 | 2015-11-06 |
| August 21, 2015 | $0.07 | 2015-08-06 | 2015-08-10 |
| May 29, 2015 | $0.07 | 2015-05-13 | 2015-05-15 |
| March 12, 2015 | $0.07 | 2015-02-25 | 2015-02-27 |
| November 24, 2014 | $0.07 | 2014-11-12 | 2014-11-14 |
Dividends Summary
- Consistent Payer: Precision Drilling Corporation has rewarded shareholders with 12 dividend payments over the past 3 years.
- Total Returned Value: Investors who held PDS shares during this period received a total of $0.72 per share in dividend income.
- Latest Payout: The most recent dividend of $0.07/share was paid 3895 days ago, on November 18, 2015.
- Yield & Schedule: PDS currently pays dividends quarterly with an annual yield of 0.33%.
- Dividend Growth: Since 2012, the dividend payout has grown by 37.8%, from $0.05 to $0.07.
- Dividend Reliability: PDS has maintained or increased its dividend for 8 consecutive payments.
Company News
Precision Drilling Corporation successfully held its 2026 Annual Meeting of Shareholders on May 14, 2026, with shareholders approving the election of all eight board members (seven independent). All other business items, including the non-binding advisory vote on executive compensation, also passed. The company continues to provide drilling servi...
Precision Drilling Corporation announced its virtual 2026 Annual Meeting of Shareholders scheduled for May 14, 2026 at 10:00 a.m. MST. Registered shareholders and proxyholders can participate online at https://meetnow.global/M9JFRVX to listen, ask questions, and vote in real time. Shareholders may also vote by proxy in advance.
Precision Drilling Corporation announced Carey Ford as new President and CEO, replacing Kevin Neveu after 18 years. Gene Stahl was appointed Chief Operating Officer and Dustin Honing became Chief Financial Officer.
Precision Drilling Corporation is holding its 2025 Annual and Special Meeting of Shareholders in a virtual-only format on May 15, 2025. Shareholders can participate and vote online.
Precision Drilling Corporation has filed its 2024 annual disclosure documents, including audited financial statements and management's discussion and analysis. The company's 2025 Annual and Special Meeting of Shareholders will be held virtually on May 15, 2025.
