Whitecap Resources Inc. (TSE:WCP) to Issue $0.06 Monthly Dividend

Key Points

• Monthly dividend declared: Whitecap Resources announced a monthly dividend of C$0.0608 per share payable May 15 to holders of record May 15, with an ex-dividend date of April 30 and an annualized yield of about 4.8%.
• Share and valuation snapshot: WCP opened at C$15.32 (up ~3.7%), with a market cap of C$18.6 billion, a P/E of 15.47, one-year range C$7.55–C$16.03, and a debt-to-equity ratio near 40%.
• Recent financials: In the latest quarter Whitecap reported C$0.26 EPS on C$1.51 billion revenue, with a 10.1% ROE and 18.4% net margin; analysts project about C$1.12 EPS for the fiscal year.

Whitecap Resources Inc. (TSE:WCP - Get Free Report) declared a monthly dividend on Thursday, April 30th, TickerTech Dividends reports. Investors of record on Friday, May 15th will be paid a dividend of 0.0608 per share on Friday, May 15th. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date is Thursday, April 30th.

Whitecap Resources Trading Up 3.7%

Shares of WCP opened at C$15.32 on Tuesday. The company has a market capitalization of C$18.60 billion, a P/E ratio of 15.47, a P/E/G ratio of -0.33 and a beta of 0.27. Whitecap Resources has a one year low of C$7.55 and a one year high of C$16.03. The company has a debt-to-equity ratio of 40.03, a quick ratio of 0.67 and a current ratio of 0.68. The stock has a 50-day moving average price of C$14.39 and a 200 day moving average price of C$12.48.

Whitecap Resources (TSE:WCP - Get Free Report) last issued its quarterly earnings results on Monday, February 23rd. The company reported C$0.26 EPS for the quarter. The firm had revenue of C$1.51 billion during the quarter. Whitecap Resources had a return on equity of 10.14% and a net margin of 18.38%. Sell-side analysts forecast that Whitecap Resources will post 1.1226131 EPS for the current fiscal year.

About Whitecap Resources

Whitecap Resources Inc is a leading Canadian energy company committed to delivering reliable returns to shareholders through the responsible development of oil and natural gas assets in the Western Canadian Sedimentary Basin. With a strong track record of profitable growth and a sustainable dividend, Whitecap delivers long-term value to investors, supported by investment-grade financial strength.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.