Bonterra Energy Corp (BNE) To Go Ex-Dividend on October 13th

Bonterra Energy Corp (TSE:BNE) declared a monthly dividend on Friday, October 13th, TickerTech reports. Shareholders of record on Tuesday, October 31st will be given a dividend of 0.10 per share on Tuesday, October 31st. This represents a $1.20 annualized dividend and a yield of 7.72%. The ex-dividend date of this dividend is Friday, October 13th.

Bonterra Energy Corp (TSE:BNE) opened at 15.54 on Friday. Bonterra Energy Corp has a 12-month low of $14.18 and a 12-month high of $29.76. The stock’s market capitalization is $517.64 million. The firm has a 50-day moving average of $15.89 and a 200 day moving average of $17.50.

A number of brokerages have recently weighed in on BNE. Raymond James Financial, Inc. upgraded shares of Bonterra Energy Corp from an “outperform” rating to a “strong-buy” rating and set a C$26.00 price objective on the stock in a report on Thursday, August 24th. National Bank Financial reduced their price objective on shares of Bonterra Energy Corp from C$22.00 to C$21.00 and set an “outperform” rating on the stock in a report on Thursday, August 17th. Finally, AltaCorp Capital lowered shares of Bonterra Energy Corp from an “outperform” rating to a “sector perform” rating in a report on Thursday, August 10th. Four equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of C$29.00.

In related news, insider George Frederick Fink bought 5,000 shares of the company’s stock in a transaction that occurred on Friday, September 29th. The shares were purchased at an average cost of C$16.43 per share, with a total value of C$82,150.00. Insiders bought a total of 16,000 shares of company stock worth $264,220 over the last 90 days.

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About Bonterra Energy Corp

Bonterra Energy Corp. (Bonterra) is an oil and gas company. The Company is focused on the development of its Cardium land within the Pembina and Willesden Green areas located in central Alberta. The Company is engaged in the development and production of oil and natural gas in the Western Canadian Sedimentary Basin.

Dividend History for Bonterra Energy Corp (TSE:BNE)

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