Whitecap Resources Inc. (OTCMKTS:SPGYF – Get Free Report) declared a dividend on Wednesday, April 23rd, investing.com reports. Investors of record on Thursday, May 1st will be paid a dividend of 0.0437 per share on Thursday, May 15th. This represents a yield of 8.89%. The ex-dividend date of this dividend is Wednesday, April 30th. This is a 3.4% increase from Whitecap Resources’s previous dividend of $0.04.
Whitecap Resources Stock Performance
OTCMKTS:SPGYF opened at $5.89 on Monday. Whitecap Resources has a fifty-two week low of $4.90 and a fifty-two week high of $8.30. The firm has a 50-day simple moving average of $6.16 and a two-hundred day simple moving average of $6.81.
Analysts Set New Price Targets
Separately, Desjardins restated a “buy” rating on shares of Whitecap Resources in a report on Tuesday, March 11th.
Whitecap Resources Company Profile
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.
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