InPlay Oil Corp. to Issue Monthly Dividend of $0.09 (TSE:IPO)

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 paid a dividend of 0.09 per share on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 7.4%. The ex-dividend date of this dividend is Wednesday, July 15th.

InPlay Oil Stock Performance

TSE:IPO opened at C$14.66 on Monday. The company has a market capitalization of C$410.57 million, a P/E ratio of -10.70 and a beta of 0.37. The stock’s 50 day moving average price is C$16.17 and its 200 day moving average price is C$15.66. The company has a debt-to-equity ratio of 72.27, a quick ratio of 0.51 and a current ratio of 0.82. InPlay Oil has a 52 week low of C$9.36 and a 52 week high of C$18.96.

InPlay Oil (TSE:IPO) last released its quarterly earnings results on Friday, May 8th. The company reported C($1.24) earnings per share for the quarter. The business had revenue of C$31.77 million for the quarter. InPlay Oil had a negative net margin of 12.40% and a negative return on equity of 10.86%. On average, research analysts forecast that InPlay Oil will post 0.3500838 EPS for the current fiscal 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.