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

Key Points

• Paramount Resources Ltd. has declared a monthly dividend of $0.05 per share, with stockholders of record set to receive this on August 29th.
• The company has an annualized dividend yield of 2.9%, and the ex-dividend date is August 15th.
• Currently, Paramount Resources stocks are trading at C$20.37, down C$0.21 from the previous day, with a market capitalization of C$3.03 billion.

Paramount Resources Ltd. (TSE:POU - Get Free Report) declared a monthly dividend on Friday, August 15th, TickerTech Dividends reports. Investors of record on Friday, August 29th will be paid a dividend of 0.05 per share on Friday, August 29th. This represents a c) annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Friday, August 15th.

Paramount Resources Trading Down 1.4%

TSE:POU traded down C$0.29 during midday trading on Friday, hitting C$19.98. The stock had a trading volume of 149,016 shares, compared to its average volume of 662,086. Paramount Resources has a one year low of C$14.33 and a one year high of C$32.83. The company has a market capitalization of C$2.97 billion, a price-to-earnings ratio of 8.18, a PEG ratio of 0.14 and a beta of 3.04. The stock has a 50-day moving average of C$21.35 and a 200 day moving average of C$19.93. The company has a quick ratio of 0.68, a current ratio of 0.62 and a debt-to-equity ratio of 2.06.

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.