PrairieSky Royalty Ltd. (PSK) to Distribute Quarterly Dividend of $0.26 on October 15th

PrairieSky Royalty Ltd. (TSE:PSK) announced a quarterly dividend on Monday, September 8th, RTT News reports. Investors of record on Monday, September 29th will be given a dividend of 0.26 per share on Wednesday, October 15th. This represents a c) annualized dividend and a dividend yield of 4.3%.

PrairieSky Royalty Trading Up 0.8%

PrairieSky Royalty stock opened at C$24.29 on Wednesday. The company has a debt-to-equity ratio of 3.48, a current ratio of 0.63 and a quick ratio of 0.65. PrairieSky Royalty has a one year low of C$21.97 and a one year high of C$30.66. The stock has a market capitalization of C$5.72 billion, a PE ratio of 26.12, a price-to-earnings-growth ratio of 0.47 and a beta of 0.73. The business’s fifty day moving average is C$23.91 and its 200 day moving average is C$24.15.

About PrairieSky Royalty

PrairieSky Royalty Ltd is the owner of subsurface mineral rights on a variety of royalty properties in western Canada. The company encourages third parties to develop these properties, while also seeking additional petroleum and natural gas royalty assets. Once PrairieSky has given a third party the right to explore, develop, or produce on its properties, the company collects royalty revenue from the development of petroleum and natural gas.