Ecopetrol S.A. (EC) to Issue — Dividend of $0.52 on July 7th

Ecopetrol S.A. (NYSE:EC) declared a — dividend on Friday, March 14th, Wall Street Journal reports. Investors of record on Thursday, June 26th will be given a dividend of 0.5202 per share by the oil and gas company on Monday, July 7th. This represents a yield of 30%. The ex-dividend date is Thursday, June 26th.

Ecopetrol Price Performance

EC stock opened at $9.42 on Tuesday. The company has a 50 day simple moving average of $8.77 and a 200 day simple moving average of $9.01. The stock has a market cap of $19.37 billion, a price-to-earnings ratio of 6.20 and a beta of 0.82. Ecopetrol has a 1 year low of $7.21 and a 1 year high of $12.67. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.53 and a quick ratio of 1.28.

Analysts Set New Price Targets

Separately, Wall Street Zen cut shares of Ecopetrol from a “buy” rating to a “hold” rating in a research report on Monday, March 17th.

About Ecopetrol

Ecopetrol SA operates as an integrated energy company. The company operates through four segments: Exploration and Production; Transport and Logistics; Refining, Petrochemical and Biofuels; and Electric Power Transmission and Toll Roads Concessions. It engages in the exploration and production of oil and gas; transportation of crude oil, motor fuels, fuel oil, and other refined products, including diesel, jet, and biofuels; processing and refining crude oil; distribution of natural gas and LPG; sale of refined and petrochemical products; supplying of electric power transmission services; design, development, construction, operation, and maintenance of road and energy infrastructure projects; and supplying of information technology and telecommunications services.