InPlay Oil Corp. (TSE:IPO) Raises Dividend to $0.09 Per Share

InPlay Oil Corp. (TSE:IPO) announced a monthly dividend on Thursday, May 15th, TickerTech Dividends reports. Investors of record on Friday, May 30th will be paid a dividend of 0.09 per share on Friday, May 30th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 13.04%. The ex-dividend date is Thursday, May 15th. This is a 500.0% increase from InPlay Oil’s previous monthly dividend of $0.02.

InPlay Oil Stock Up 2.1%

Shares of TSE:IPO traded up C$0.17 during midday trading on Tuesday, hitting C$8.28. The stock had a trading volume of 14,486 shares, compared to its average volume of 38,248. The company has a quick ratio of 0.51, a current ratio of 0.61 and a debt-to-equity ratio of 20.44. The business’s 50-day simple moving average is C$3.59 and its 200-day simple moving average is C$2.38. InPlay Oil has a 12 month low of C$6.54 and a 12 month high of C$14.10. The company has a market cap of C$744.02 million, a P/E ratio of 39.53 and a beta of 2.37.

InPlay Oil Company Profile

InPlay Oil Corp. engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in Canada. The company produces and sells crude oil, natural gas, and natural gas liquids. It focuses on light oil asset base located in West Central, Alberta. InPlay Oil Corp.