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

Paramount Resources Ltd. (TSE:POU) declared a monthly dividend on Monday, March 16th, TickerTech Dividends reports. Investors of record on Tuesday, March 31st will be paid a dividend of 0.05 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Monday, March 16th.

Paramount Resources Stock Down 0.5%

Paramount Resources stock traded down C$0.16 during midday trading on Friday, reaching C$29.71. The company’s stock had a trading volume of 208,980 shares, compared to its average volume of 296,560. Paramount Resources has a fifty-two week low of C$14.50 and a fifty-two week high of C$30.29. The company has a quick ratio of 0.68, a current ratio of 3.77 and a debt-to-equity ratio of 0.94. The company has a market cap of C$4.29 billion, a P/E ratio of 3.38, a P/E/G ratio of 0.14 and a beta of 0.14. The business has a 50-day simple moving average of C$25.69 and a 200-day simple moving average of C$23.88.

Paramount Resources (TSE:POU) last released its quarterly earnings data on Tuesday, March 3rd. The company reported C($0.03) earnings per share (EPS) 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 for the quarter. On average, research analysts expect that Paramount Resources will post 1.4075758 earnings per share for the current fiscal 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”.