Paramount Resources Ltd. (POU) to Distribute Monthly Dividend of $0.05 on September 29th

Paramount Resources Ltd. (TSE:POU) announced a monthly dividend on Tuesday, September 15th. Investors of record on Tuesday, September 29th will be given a dividend of 0.05 per share on Tuesday, September 29th. This represents a c) annualized dividend and a yield of 1.9%. The ex-dividend date is Tuesday, September 15th.

Paramount Resources Stock Performance

TSE POU traded up C$0.31 on Friday, reaching C$31.96. 387,268 shares of the stock were exchanged, compared to its average volume of 275,755. Paramount Resources has a one year low of C$20.14 and a one year high of C$33.44. The firm has a market capitalization of C$4.66 billion, a PE ratio of 40.97, a PEG ratio of 0.14 and a beta of -0.26. The company’s 50-day simple moving average is C$30.44 and its two-hundred day simple moving average is C$29.62. 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 for the quarter. Paramount Resources had a net margin of 11.19% and a return on equity of 4.30%. Analysts expect that Paramount Resources will post 1.4075758 EPS for the current fiscal 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”.