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

Paramount Resources Ltd. (TSE:POU) declared a monthly dividend on Monday, August 17th, TickerTech Dividends reports. Investors of record on Monday, August 31st will be paid a dividend of 0.05 per share on Monday, August 31st. This represents a c) annualized dividend and a yield of 1.9%. The ex-dividend date is Monday, August 17th.

Paramount Resources Trading Up 0.7%

POU opened at C$31.90 on Friday. Paramount Resources has a 1-year low of C$19.37 and a 1-year high of C$33.44. The firm has a 50-day moving average price of C$29.04 and a two-hundred day moving average price of C$28.73. The stock has a market capitalization of C$4.65 billion, a PE ratio of 40.90, a PEG ratio of 0.14 and a beta of -0.25. The company has a current ratio of 1.87, a quick ratio of 0.68 and a debt-to-equity ratio of 0.90.

Paramount Resources (TSE:POU) last issued its quarterly earnings results on Thursday, August 6th. The company reported C$0.47 earnings per share for the quarter. The business had revenue of C$317.90 million during the quarter. Paramount Resources had a net margin of 11.19% and a return on equity of 4.30%. As a group, equities analysts anticipate that Paramount Resources will post 1.4075758 earnings per share for the current fiscal year.

Paramount Resources Company Profile

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”.