Paramount Resources Ltd. to Issue Monthly Dividend of $0.05 (TSE:POU)

Paramount Resources Ltd. (TSE:POU) declared a monthly dividend on Monday, June 15th, TickerTech Dividends reports. Shareholders of record on Tuesday, June 30th will be paid a dividend of 0.05 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Monday, June 15th.

Paramount Resources Price Performance

TSE POU traded down C$0.30 during trading hours on Friday, hitting C$29.48. The company had a trading volume of 278,012 shares, compared to its average volume of 295,534. Paramount Resources has a 52 week low of C$19.37 and a 52 week high of C$33.44. The firm has a 50 day simple moving average of C$29.78 and a 200 day simple moving average of C$27.23. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.68 and a current ratio of 2.57. The firm has a market capitalization of C$4.29 billion, a price-to-earnings ratio of 73.70, a PEG ratio of 0.14 and a beta of -0.28.

Paramount Resources (TSE:POU) last issued its earnings results on Tuesday, May 12th. The company reported C$0.36 EPS for the quarter. Paramount Resources had a return on equity of 1.96% and a net margin of 5.90%.The business had revenue of C$276.20 million during the quarter. Equities research analysts expect that Paramount Resources will post 1.4075758 earnings per share for the current year.

About Paramount Resources

Paramount is an independent, publicly traded Canadian energy company that explores for and develops both conventional and unconventional petroleum and natural gas, including longer-term strategic exploration and pre-development plays. The Company’s principal properties are located in Alberta and British Columbia. Paramount’s class A common shares are listed on the Toronto Stock Exchange under the symbol “POU”.