Pengrowth Energy Corp (PGH) Announces Mar 13 Dividend of $0.04
Pengrowth Energy Corp (NYSE:PGH) announced a mar 13 dividend on Tuesday, March 12th. Stockholders of record on Friday, March 22nd will be paid a dividend of $0.04 per share on Monday, April 15th. The ex-dividend date is Wednesday, March 20th.
PGH has been the subject of a number of recent research reports. Analysts at RBC Capital reiterated a “sector perform” rating on shares of Pengrowth Energy Corp in a research note to investors on Monday, March 4th. They now have a $6.00 price target on the stock. On a related note, analysts at CIBC raised their price target on shares of Pengrowth Energy Corp from $5.00 to $5.25 in a research note to investors on Monday, March 4th. Finally, analysts at CIBC reiterated a “sector underperform” rating on shares of Pengrowth Energy Corp in a research note to investors on Monday, March 4th.
Seven equities research analysts have rated the stock with a buy rating, six have assigned a hold rating, and four have given a sell rating to the company’s stock. Pengrowth Energy Corp has a consensus rating of “hold” and an average target price of $5.92.
Shares of Pengrowth Energy Corp (PGH) traded down 0.74% during mid-day trading on Tuesday, hitting $5.33. Pengrowth Energy Corp (PGH) has a 52 week low of $3.82 and a 52 week high of $10.21. The stock’s 50-day moving average is currently $4.57. The company has a market cap of $2.728 billion and a P/E ratio of 185.17.
Pengrowth Energy Corporation (Pengrowth) is engaged in the development, production and acquisition of, and the exploration for, oil and natural gas reserves in the provinces of Alberta, British Columbia, Saskatchewan and Nova Scotia.
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