Tamarack Valley Energy Ltd (TSE:TVE) Declares $0.01 Monthly Dividend

Tamarack Valley Energy Ltd (TSE:TVE) announced a monthly dividend on Friday, August 29th, TickerTech Dividends reports. Investors of record on Monday, September 15th will be paid a dividend of 0.0127 per share on Monday, September 15th. This represents a c) annualized dividend and a yield of 2.8%. The ex-dividend date is Friday, August 29th.

Tamarack Valley Energy Trading Down 0.6%

Shares of TVE opened at C$5.39 on Friday. The business has a 50-day moving average of C$5.16 and a 200 day moving average of C$4.53. Tamarack Valley Energy has a fifty-two week low of C$3.10 and a fifty-two week high of C$5.55. The firm has a market cap of C$2.68 billion, a P/E ratio of 11.23 and a beta of 1.19. The company has a debt-to-equity ratio of 34.61, a quick ratio of 0.80 and a current ratio of 0.73.

About Tamarack Valley Energy

Tamarack Valley Energy Ltd. engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. It primarily holds interests in Cardium light oil plays in Wilson Creek/Alder Flats/Pembina, and Garrington and Lochend areas in Alberta; Viking light oil resource plays in Redwater and Westlock in Alberta, as well as in the Consort area of southeast Alberta and Hoosier area of southwest Saskatchewan; Barons Sands light oil plays located in the Penny area of Southern Alberta; and heavy oil properties located in Hatton area of Saskatchewan.