Paramount Resources Ltd. (TSE:POU) Plans Monthly Dividend of $0.05

Paramount Resources Ltd. (TSE:POU) announced a monthly dividend on Tuesday, September 15th. Stockholders of record on Tuesday, September 29th will be paid a dividend of 0.05 per share on Tuesday, September 29th. This represents a c) annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Tuesday, September 15th.

Paramount Resources Stock Performance

Shares of TSE:POU traded up C$0.31 during midday trading on Friday, hitting C$31.96. The stock had a trading volume of 387,268 shares, compared to its average volume of 275,755. Paramount Resources has a 1 year low of C$20.14 and a 1 year high of C$33.44. The company has a current ratio of 1.87, a quick ratio of 0.68 and a debt-to-equity ratio of 0.90. The stock has a 50 day moving average price of C$30.44 and a two-hundred day moving average price of C$29.62. The company has a market capitalization of C$4.66 billion, a PE ratio of 40.97, a P/E/G ratio of 0.14 and a beta of -0.26.

Paramount Resources (TSE:POU) last posted its quarterly earnings results on Thursday, August 6th. The company reported C$0.47 earnings per share (EPS) for the quarter. The firm had revenue of C$317.90 million during the quarter. Paramount Resources had a net margin of 11.19% and a return on equity of 4.30%. As a group, equities analysts predict that Paramount Resources will post 1.4075758 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”.