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Precision Drilling hikes dividend 17%, reports stronger Q3 profit, revenue
2014-10-27 16:50:41| Energy - Topix.net
Precision Drilling Corp. will be increasing its quarterly dividend by 17 per cent and decreasing its 2014 capital spending plan, the company announced Monday morning along with strong growth in third-quarter earnings and revenue. The Calgary-based company also announced a $28-million reduction in capital spending for this year, dropping it to $908 million from the $934 million announced in July.
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Category:Energy and Environment