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

Paramount Resources Ltd. (TSE:POU) announced a monthly dividend on Friday, February 13th, TickerTech Dividends reports. Investors of record on Friday, February 27th will be given a dividend of 0.05 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Friday, February 13th.

Paramount Resources Stock Up 0.3%

Shares of POU traded up C$0.08 on Friday, hitting C$25.31. The company’s stock had a trading volume of 118,881 shares, compared to its average volume of 284,578. The firm has a market capitalization of C$3.63 billion, a price-to-earnings ratio of 2.70, a P/E/G ratio of 0.14 and a beta of 0.19. Paramount Resources has a fifty-two week low of C$14.33 and a fifty-two week high of C$32.05. The firm’s fifty day moving average price is C$24.44 and its 200-day moving average price is C$22.86. 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 (TSE:POU) last released its quarterly earnings results on Tuesday, November 4th. The company reported C($0.02) earnings per share for the quarter. The firm had revenue of C$187.30 million for the quarter. Paramount Resources had a return on equity of 10.06% and a net margin of 18.92%. On average, equities research analysts expect that Paramount Resources will post 1.4075758 EPS for the current year.

About Paramount Resources

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”.