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

Paramount Resources Ltd. (TSE:POU) announced a monthly dividend on Friday, July 17th, TickerTech Dividends reports. Investors of record on Friday, July 31st will be given a dividend of 0.05 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Friday, July 17th.

Paramount Resources Stock Performance

Shares of POU stock opened at C$28.85 on Wednesday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.68 and a current ratio of 2.57. The firm has a market capitalization of C$4.21 billion, a price-to-earnings ratio of 72.12, a price-to-earnings-growth ratio of 0.14 and a beta of -0.24. Paramount Resources has a one year low of C$19.37 and a one year high of C$33.44. The company has a 50 day moving average price of C$29.65 and a 200 day moving average price of C$27.78.

Paramount Resources (TSE:POU) last announced its quarterly earnings results on Tuesday, May 12th. The company reported C$0.36 earnings per share for the quarter. Paramount Resources had a net margin of 5.90% and a return on equity of 1.96%. The company had revenue of C$276.20 million for the quarter. Sell-side analysts anticipate that Paramount Resources will post 1.4075758 EPS for the current 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”.