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

by · The Markets Daily

Paramount Resources Ltd. (TSE:POU – Get Free Report) declared a monthly dividend on Monday, December 15th, TickerTech Dividends reports. Investors of record on Wednesday, December 31st will be paid a dividend of 0.05 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Monday, December 15th.

Paramount Resources Stock Performance

POU traded up C$0.14 during trading on Friday, reaching C$25.20. 224,884 shares of the company were exchanged, compared to its average volume of 537,270. Paramount Resources has a 52 week low of C$14.33 and a 52 week high of C$32.83. The company has a current ratio of 0.62, a quick ratio of 0.68 and a debt-to-equity ratio of 2.06. The firm has a 50 day moving average of C$23.59 and a 200 day moving average of C$21.91. The stock has a market cap of C$3.62 billion, a P/E ratio of 2.68, a PEG ratio of 0.14 and a beta of 0.36.

Paramount Resources (TSE:POU – Get Free Report) last announced its quarterly earnings results on Tuesday, November 4th. The company reported C($0.02) earnings per share (EPS) for the quarter. The firm had revenue of C$187.30 million for the quarter. Paramount Resources had a net margin of 18.92% and a return on equity of 10.06%. On average, sell-side analysts forecast that Paramount Resources will post 1.4075758 EPS for the current fiscal year.

About Paramount Resources

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Paramount Resources Ltd is a Canadian energy company that explores, develops, produces, and markets natural gas, crude oil, and natural gas liquids. The company takes part in exploration and production in Alberta and British Columbia. Sales for Paramount’s products are priced in a multitude of markets that span the United States and Canada.

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