Strathcona Resources Ltd. (SCR) to Issue Quarterly Dividend of $0.30 on December 15th

Strathcona Resources Ltd. (TSE:SCR) declared a quarterly dividend on Friday, December 5th, TickerTech Dividends reports. Shareholders of record on Monday, December 15th will be paid a dividend of 0.30 per share on Monday, December 15th. This represents a c) annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, December 5th.

Strathcona Resources Price Performance

Shares of SCR traded down C$0.19 during trading hours on Wednesday, reaching C$42.74. The stock had a trading volume of 20,257 shares, compared to its average volume of 70,860. The company’s 50-day moving average is C$38.39 and its two-hundred day moving average is C$35.18. The company has a debt-to-equity ratio of 56.06, a quick ratio of 11.09 and a current ratio of 0.53. Strathcona Resources has a 12 month low of C$22.75 and a 12 month high of C$44.74. The stock has a market capitalization of C$9.16 billion, a PE ratio of 8.35, a PEG ratio of -2.02 and a beta of 2.61.

About Strathcona Resources

Strathcona Resources Ltd. is a Canada-based oil and gas producers with operations focused on thermal oil, enhanced oil recovery and liquids-rich natural gas. The Company has three operations, including Lloydminster Heavy Oil, Cold Lake Thermal Oil and Montney. The Lloydminster Heavy Oil segment has multiple large oil-in-place reservoirs with existing and expanding enhanced oil recovery (EOR) opportunities primarily located in southwest Saskatchewan.