AKITA Drilling Ltd. (TSE:AKT) declared a quarterly dividend on Friday, August 25th, Zacks reports. Stockholders of record on Monday, September 18th will be paid a dividend of 0.085 per share on Monday, October 2nd. This represents a $0.34 dividend on an annualized basis and a dividend yield of Infinity. The ex-dividend date of this dividend is Friday, September 15th.

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About AKITA Drilling

AKITA Drilling Ltd. (AKITA) is engaged in providing contract drilling services, primarily to the oil and gas industry. The Company is involved in other forms of drilling, including potash mining and the development of storage caverns. The Company owns and operates approximately 31 drilling rigs in Canada.

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