Strathcona Resources Ltd. (TSE:SCR) Plans $0.30 Quarterly Dividend

Strathcona Resources Ltd. (TSE:SCR) declared a quarterly dividend on Monday, June 8th, TickerTech Dividends reports. Shareholders of record on Wednesday, June 17th will be paid a dividend of 0.30 per share on Wednesday, June 17th. This represents a c) dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, June 8th.

Strathcona Resources Stock Down 1.4%

Shares of SCR opened at C$47.67 on Friday. The firm has a market cap of C$10.21 billion, a PE ratio of 13.74, a price-to-earnings-growth ratio of -2.02 and a beta of 2.61. The company’s fifty day moving average is C$42.49 and its two-hundred day moving average is C$36.62. Strathcona Resources has a fifty-two week low of C$25.79 and a fifty-two week high of C$51.70. The company has a quick ratio of 11.09, a current ratio of 0.39 and a debt-to-equity ratio of 50.35.

About Strathcona Resources

Strathcona is one of North America’s fastest growing pure play heavy oil producers with operations focused on thermal oil and enhanced oil recovery. Strathcona is built on an innovative approach to growth achieved through the consolidation and development of long-life assets. The Company has three operations, including Cold Lake, Lloydminster Thermal and Lloydminster Conventional. Strathcona is a major producer in the Cold Lake region of Alberta. Our operations include thermal oil producing assets at Lindbergh, Orion and Tucker, with production from best-in-class steam-assisted gravity drainage (SAGD) oil assets.