Paramount Resources Ltd. (POU) To Go Ex-Dividend on June 15th

Paramount Resources Ltd. (TSE:POU) announced a monthly dividend on Monday, June 15th, TickerTech Dividends reports. Shareholders of record on Tuesday, June 30th will be given a dividend of 0.05 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, June 15th.

Paramount Resources Stock Performance

Shares of TSE:POU traded down C$0.30 during trading on Friday, hitting C$29.48. 278,012 shares of the company were exchanged, compared to its average volume of 295,534. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.57 and a quick ratio of 0.68. Paramount Resources has a 52-week low of C$19.37 and a 52-week high of C$33.44. The company has a market cap of C$4.29 billion, a PE ratio of 73.70, a P/E/G ratio of 0.14 and a beta of -0.28. The stock has a 50 day moving average of C$29.78 and a 200 day moving average of C$27.23.

Paramount Resources (TSE:POU) last issued its quarterly earnings data on Tuesday, May 12th. The company reported C$0.36 earnings per share (EPS) for the quarter. Paramount Resources had a return on equity of 1.96% and a net margin of 5.90%.The company had revenue of C$276.20 million for the quarter. As a group, equities research analysts predict 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”.