Capital Power Corp (TSE:CPX) Director Brian Tellef Vaasjo acquired 10,000 shares of the business’s stock in a transaction dated Friday, August 9th. The stock was acquired at an average price of C$29.75 per share, with a total value of C$297,500.00. Following the completion of the transaction, the director now directly owns 128,192 shares of the company’s stock, valued at C$3,813,712.
Shares of CPX opened at C$30.05 on Wednesday. The company has a debt-to-equity ratio of 105.69, a current ratio of 0.86 and a quick ratio of 0.53. Capital Power Corp has a one year low of C$25.33 and a one year high of C$32.44. The stock has a market capitalization of $3.15 billion and a PE ratio of 10.68. The stock’s 50 day moving average price is C$30.27.
The company also recently declared a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Monday, September 30th will be given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 6.39%. This is a boost from Capital Power’s previous quarterly dividend of $0.42. The ex-dividend date is Friday, September 27th. Capital Power’s payout ratio is presently 63.63%.
Capital Power Company Profile
Capital Power Corporation develops, acquires, owns, and operates power generation facilities in Canada and the United States. The company generates electricity from various energy sources, including natural and landfill gas, coal, wind, waste heat, solid fuels, and solar. It owns approximately 5,100 megawatts of power generation capacity.
Read More: Why do analysts give a neutral rating?
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