InPlay Oil Corp. (OTCMKTS:IPOOF) Plans Dividend Increase - $0.01 Per Share

InPlay Oil Corp. (OTCMKTS:IPOOF - Get Free Report) declared a dividend on Saturday, April 6th, investing.com reports. Investors of record on Monday, April 15th will be paid a dividend of 0.0111 per share on Tuesday, April 30th. This represents a dividend yield of 7.21%. The ex-dividend date of this dividend is Friday, April 12th. This is a positive change from InPlay Oil's previous dividend of $0.01.

InPlay Oil Stock Down 1.2 %

Shares of OTCMKTS:IPOOF traded down $0.02 during mid-day trading on Friday, hitting $1.85. 30,673 shares of the company traded hands, compared to its average volume of 55,951. The stock has a market cap of $168.29 million, a P/E ratio of 5.60 and a beta of 1.61. The company has a current ratio of 0.93, a quick ratio of 0.68 and a debt-to-equity ratio of 0.16. InPlay Oil has a 12-month low of $1.49 and a 12-month high of $2.20. The stock has a 50-day moving average price of $1.71 and a two-hundred day moving average price of $1.76.

InPlay Oil (OTCMKTS:IPOOF - Get Free Report) last announced its earnings results on Wednesday, March 13th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.01. The company had revenue of $34.99 million for the quarter, compared to analysts' expectations of $35.93 million. InPlay Oil had a return on equity of 14.11% and a net margin of 18.60%. On average, equities research analysts forecast that InPlay Oil will post 0.21 earnings per share for the current year.

About InPlay Oil

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.