Paramount Resources Ltd. (POU) To Go Ex-Dividend on October 15th

Paramount Resources Ltd. (TSE:POU) declared a monthly dividend on Thursday, October 15th. Shareholders of record on Friday, October 30th will be paid a dividend of $0.05 per share on Friday, October 30th. This represents a $0.60 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Thursday, October 15th.

Paramount Resources Price Performance

Shares of POU stock opened at C$32.10 on Tuesday. Paramount Resources has a 1 year low of C$21.69 and a 1 year high of C$33.44. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.68 and a current ratio of 1.87. The business’s fifty day moving average is C$31.26 and its 200-day moving average is C$29.96. The stock has a market cap of C$4.68 billion, a PE ratio of 41.15, a price-to-earnings-growth ratio of 0.14 and a beta of -0.16.

Paramount Resources (TSE:POU) last announced its quarterly earnings data on Thursday, August 6th. The company reported C$0.47 earnings per share for the quarter. Paramount Resources had a return on equity of 4.30% and a net margin of 11.19%. The business had revenue of C$317.90 million during the quarter. Equities analysts expect that Paramount Resources will post 1.41 earnings per share for the current fiscal year.

About Paramount Resources

Paramount is an independent, publicly traded Canadian energy company that explores for and develops both conventional and unconventional petroleum and natural gas, including longer-term strategic exploration and pre-development plays. The Company’s principal properties are located in Alberta and British Columbia. Paramount’s class A common shares are listed on the Toronto Stock Exchange under the symbol “POU”.