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

InPlay Oil Corp. (TSE:IPO) announced a monthly dividend on Thursday, May 15th, TickerTech Dividends reports. Stockholders of record on Friday, May 30th will be given a dividend of 0.09 per share on Friday, May 30th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 13.09%. The ex-dividend date of this dividend is Thursday, May 15th. This is a 500.0% increase from InPlay Oil’s previous monthly dividend of $0.02.

InPlay Oil Stock Performance

IPO traded up C$0.14 during trading on Tuesday, reaching C$8.25. 14,768 shares of the company’s stock were exchanged, compared to its average volume of 38,215. InPlay Oil has a 1 year low of C$6.54 and a 1 year high of C$14.10. The company has a debt-to-equity ratio of 20.44, a current ratio of 0.61 and a quick ratio of 0.51. The stock has a market capitalization of C$741.32 million, a P/E ratio of 39.39 and a beta of 2.37. The company’s fifty day simple moving average is C$3.59 and its 200-day simple moving average is C$2.38.

About InPlay Oil

InPlay Oil Corp. engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in Canada. The company produces and sells crude oil, natural gas, and natural gas liquids. It focuses on light oil asset base located in West Central, Alberta. InPlay Oil Corp.