Paramount Resources Ltd. (TSE:POU) Declares $0.05 Monthly Dividend

Key Points

• Paramount Resources Ltd. has declared a monthly dividend of $0.05 per share, with the ex-dividend date set for October 15th.
• The company has a market capitalization of C$3.20 billion, and its P/E ratio stands at 2.22, indicating potential value in its stock price.
• Paramount's stock has fluctuated between C$14.33 and C$32.83 over the past year and was trading at C$22.30 at the time of the announcement.

Paramount Resources Ltd. (TSE:POU - Get Free Report) announced a monthly dividend on Wednesday, October 15th, TickerTech Dividends reports. Stockholders of record on Friday, October 31st will be given a dividend of 0.05 per share on Friday, October 31st. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Wednesday, October 15th.

Paramount Resources Trading Down 4.6%

TSE:POU opened at C$22.30 on Monday. Paramount Resources has a one year low of C$14.33 and a one year high of C$32.83. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.68 and a current ratio of 0.62. The firm has a market cap of C$3.20 billion, a P/E ratio of 2.22, a P/E/G ratio of 0.14 and a beta of 0.49. The firm has a 50-day simple moving average of C$21.05 and a 200-day simple moving average of C$19.86.

Paramount Resources Company Profile

Paramount Resources Ltd is a Canadian energy company that explores, develops, produces, and markets natural gas, crude oil, and natural gas liquids. The company takes part in exploration and production in Alberta and British Columbia. Sales for Paramount's products are priced in a multitude of markets that span the United States and Canada.

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