Whitecap Resources Inc. (OTCMKTS:SPGYF) Increases Dividend to $0.04 Per Share

Whitecap Resources Inc. (OTCMKTS:SPGYF) announced a dividend on Friday, February 21st, investing.com reports. Stockholders of record on Monday, March 3rd will be given a dividend of 0.0427 per share on Monday, March 17th. This represents a dividend yield of 7.49%. The ex-dividend date of this dividend is Friday, February 28th. This is a positive change from Whitecap Resources’s previous dividend of $0.04.

Whitecap Resources Stock Up 1.8 %

Shares of SPGYF stock opened at $7.09 on Friday. Whitecap Resources has a fifty-two week low of $6.00 and a fifty-two week high of $8.30. The firm’s 50 day moving average price is $6.93 and its two-hundred day moving average price is $7.29.

About Whitecap Resources

Whitecap Resources Inc, an oil and gas company, focuses on the acquisition, development, and production of oil and gas assets in Western Canada. The company's primary areas of focus of its development programs are in Northern Alberta and British Columbia, Central Alberta, and Saskatchewan. The company was founded in 2009 and is headquartered in Calgary, Canada.