Strathcona Resources Ltd. (TSE:SCR) Plans $0.30 Quarterly Dividend

Strathcona Resources Ltd. (TSE:SCR) announced a quarterly dividend on Friday, September 11th. Investors of record on Monday, September 21st will be given a dividend of 0.30 per share on Monday, September 21st. This represents a c) dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Friday, September 11th.

Strathcona Resources Stock Up 2.8%

Shares of SCR opened at C$44.31 on Wednesday. The firm has a market cap of C$9.49 billion, a P/E ratio of 11.25, a P/E/G ratio of -2.02 and a beta of 2.61. The stock has a 50 day simple moving average of C$41.34 and a two-hundred day simple moving average of C$40.62. The company has a debt-to-equity ratio of 43.82, a current ratio of 0.43 and a quick ratio of 11.09. Strathcona Resources has a 1 year low of C$25.79 and a 1 year high of C$51.70.

Strathcona Resources (TSE:SCR) last posted its quarterly earnings results on Thursday, August 6th. The company reported C$1.76 EPS for the quarter. The firm had revenue of C$2.73 billion for the quarter. Strathcona Resources had a net margin of 19.41% and a return on equity of 17.02%. On average, analysts forecast that Strathcona Resources will post 2.8494405 earnings per share for the current fiscal year.

Strathcona Resources Company Profile

Strathcona is one of North America’s fastest growing pure play heavy oil producers with operations focused on thermal oil and enhanced oil recovery. Strathcona is built on an innovative approach to growth achieved through the consolidation and development of long-life assets. The Company has three operations, including Cold Lake, Lloydminster Thermal and Lloydminster Conventional. Strathcona is a major producer in the Cold Lake region of Alberta. Our operations include thermal oil producing assets at Lindbergh, Orion and Tucker, with production from best-in-class steam-assisted gravity drainage (SAGD) oil assets.