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

Key Points

• Paramount declared a monthly dividend of C$0.05 per share, with an ex-dividend date of April 15 and shareholders of record/pay date on April 30, implying an annualized yield of about 2.2%.
• Shares trade near C$27.70 with a market capitalization of C$4.02 billion, a P/E of 3.15 and a 52‑week range of C$15.33–C$30.67.
• Paramount reported a quarterly EPS loss of C($0.03) despite a reported return on equity of 48.07% and net margin of 129.11%, and analysts forecast roughly C$1.41 in EPS for the current fiscal year.

Paramount Resources Ltd. (TSE:POU - Get Free Report) declared a monthly dividend on Wednesday, April 15th, TickerTech Dividends reports. Shareholders of record on Thursday, April 30th will be paid a dividend of 0.05 per share on Thursday, April 30th. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Wednesday, April 15th.

Paramount Resources Price Performance

Paramount Resources stock opened at C$27.70 on Monday. The company has a fifty day simple moving average of C$27.74 and a 200-day simple moving average of C$25.11. The firm has a market capitalization of C$4.02 billion, a price-to-earnings ratio of 3.15, a PEG ratio of 0.14 and a beta of -0.05. The company has a quick ratio of 0.68, a current ratio of 3.77 and a debt-to-equity ratio of 0.94. Paramount Resources has a 52-week low of C$15.33 and a 52-week high of C$30.67.

Paramount Resources (TSE:POU - Get Free Report) last posted its quarterly earnings results on Tuesday, March 3rd. The company reported C($0.03) earnings per share for the quarter. Paramount Resources had a return on equity of 48.07% and a net margin of 129.11%.The business had revenue of C$262.50 million during the quarter. On average, equities analysts anticipate that Paramount Resources will post 1.4075758 EPS for the current fiscal year.

Paramount Resources Company Profile

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".

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