Arc Resources (OTCMKTS:AETUF) announced a monthly dividend on Thursday, February 8th, Zacks reports. Stockholders of record on Wednesday, February 28th will be given a dividend of 0.04 per share by the energy company on Thursday, March 15th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.61%. The ex-dividend date of this dividend is Tuesday, February 27th. This is an increase from Arc Resources’s previous monthly dividend of $0.04.
Shares of Arc Resources (OTCMKTS:AETUF) opened at $10.42 on Monday. Arc Resources has a 12-month low of $9.67 and a 12-month high of $15.46. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.82 and a current ratio of 1.82. The stock has a market cap of $3,686.14, a P/E ratio of 14.68 and a beta of 0.96.
Arc Resources (OTCMKTS:AETUF) last posted its quarterly earnings results on Thursday, February 8th. The energy company reported $0.17 earnings per share (EPS) for the quarter. Arc Resources had a net margin of 31.40% and a return on equity of 9.12%. The company had revenue of $267.96 million during the quarter.
About Arc Resources
ARC Resources Ltd., together with its subsidiaries, acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids. It primarily has interest in four core areas located in Alberta and British Columbia, Canada. The company was founded in 1996 and is headquartered in Calgary, Canada.
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