InPlay Oil Corp. Declares Monthly Dividend of $0.09 (TSE:IPO)

InPlay Oil Corp. (TSE:IPO) declared a monthly dividend on Wednesday, July 15th, TickerTech Dividends reports. Stockholders of record on Friday, July 31st will be given a dividend of 0.09 per share on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 7.4%. The ex-dividend date of this dividend is Wednesday, July 15th.

InPlay Oil Price Performance

Shares of TSE:IPO opened at C$14.66 on Monday. The stock has a 50-day simple moving average of C$16.17 and a 200-day simple moving average of C$15.66. The stock has a market capitalization of C$410.57 million, a P/E ratio of -10.70 and a beta of 0.37. InPlay Oil has a 1 year low of C$9.36 and a 1 year high of C$18.96. The company has a debt-to-equity ratio of 72.27, a quick ratio of 0.51 and a current ratio of 0.82.

InPlay Oil (TSE:IPO) last posted its quarterly earnings results on Friday, May 8th. The company reported C($1.24) EPS for the quarter. InPlay Oil had a negative net margin of 12.40% and a negative return on equity of 10.86%. The business had revenue of C$31.77 million during the quarter. Equities analysts forecast that InPlay Oil will post 0.3500838 earnings per share for the current year.

About InPlay Oil

InPlay is a junior oil and gas exploration and production company with operations in Alberta focused on light oil production. The company operates long-lived, low-decline properties with drilling development and enhanced oil recovery potential as well as undeveloped lands with exploration possibilities.