Paramount Resources Ltd. (POU) to Issue Monthly Dividend of $0.05 on March 31st

Paramount Resources Ltd. (TSE:POU) declared a monthly dividend on Monday, March 16th, TickerTech Dividends reports. Investors of record on Tuesday, March 31st will be given a dividend of 0.05 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Monday, March 16th.

Paramount Resources Trading Down 0.5%

Shares of TSE POU traded down C$0.16 during midday trading on Friday, hitting C$29.71. The company’s stock had a trading volume of 208,980 shares, compared to its average volume of 296,560. The company has a current ratio of 3.77, a quick ratio of 0.68 and a debt-to-equity ratio of 0.94. The business’s 50 day moving average is C$25.69 and its two-hundred day moving average is C$23.88. Paramount Resources has a 12-month low of C$14.50 and a 12-month high of C$30.29. The firm has a market cap of C$4.29 billion, a P/E ratio of 3.38, a price-to-earnings-growth ratio of 0.14 and a beta of 0.14.

Paramount Resources (TSE:POU) last posted its quarterly earnings results on Tuesday, March 3rd. The company reported C($0.03) EPS for the quarter. The company had revenue of C$262.50 million during the quarter. Paramount Resources had a return on equity of 48.07% and a net margin of 129.11%. As a group, equities research analysts expect 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”.