InPlay Oil Corp. (IPO) to Distribute Monthly Dividend of $0.09 on July 31st

InPlay Oil Corp. (TSE:IPO) announced a monthly dividend on Wednesday, July 15th, TickerTech Dividends reports. Stockholders of record on Friday, July 31st will be given a dividend of 0.09 per share on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 7.2%. The ex-dividend date of this dividend is Wednesday, July 15th.

InPlay Oil Price Performance

Shares of IPO traded up C$0.24 during trading hours on Monday, hitting C$14.90. 38,704 shares of the company were exchanged, compared to its average volume of 114,218. The company has a debt-to-equity ratio of 72.27, a current ratio of 0.82 and a quick ratio of 0.51. The company has a market capitalization of C$417.29 million, a PE ratio of -10.88 and a beta of 0.37. The firm has a fifty day simple moving average of C$16.17 and a 200-day simple moving average of C$15.66. InPlay Oil has a one year low of C$9.55 and a one year high of C$18.96.

InPlay Oil (TSE:IPO) last announced its earnings results on Friday, May 8th. The company reported C($1.24) earnings per share (EPS) for the quarter. InPlay Oil had a negative return on equity of 10.86% and a negative net margin of 12.40%.The company had revenue of C$31.77 million for the quarter. As a group, sell-side analysts predict that InPlay Oil will post 0.3500838 earnings per share for the current year.

InPlay Oil Company Profile

InPlay is a junior oil and gas exploration and production company with operations in Alberta focused on light oil production. The company operates long-lived, low-decline properties with drilling development and enhanced oil recovery potential as well as undeveloped lands with exploration possibilities.