Topaz Energy Corp. Plans Quarterly Dividend of $0.34 (TSE:TPZ)

Topaz Energy Corp. (TSE:TPZ) announced a quarterly dividend on Monday, December 15th, TickerTech Dividends reports. Stockholders of record on Wednesday, December 31st will be given a dividend of 0.34 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 4.8%. The ex-dividend date is Monday, December 15th.

Topaz Energy Price Performance

TPZ stock traded up C$0.19 during midday trading on Friday, reaching C$28.35. The company had a trading volume of 262,579 shares, compared to its average volume of 369,484. Topaz Energy has a 1-year low of C$21.00 and a 1-year high of C$29.17. The stock has a 50 day moving average price of C$26.39 and a 200-day moving average price of C$25.85. The company has a debt-to-equity ratio of 36.45, a current ratio of 1.89 and a quick ratio of 7.17. The company has a market capitalization of C$4.36 billion, a price-to-earnings ratio of 76.62 and a beta of 0.29.

Topaz Energy (TSE:TPZ) last released its earnings results on Monday, November 3rd. The company reported C$0.10 EPS for the quarter. The firm had revenue of C$76.44 million for the quarter. Topaz Energy had a net margin of 20.54% and a return on equity of 5.15%. Equities research analysts expect that Topaz Energy will post 0.2019855 earnings per share for the current year.

About Topaz Energy

Topaz Energy Corp is a royalty and energy infrastructure company focused on generating free cash flow growth and paying reliable and sustainable dividends to its shareholders, through its strategic relationship with Canada’s natural gas producers, and leveraging industry relationships to execute complementary acquisitions from other high-quality energy companies, while maintaining its commitment to environmental, social and governance practices.