PrairieSky Royalty Ltd (TSE:PSK) declared a monthly dividend on Monday, November 28th. Shareholders of record on Thursday, December 15th will be given a dividend of 0.06 per share on Thursday, December 15th. This represents a $0.72 annualized dividend and a yield of 2.30%. The ex-dividend date of this dividend is Monday, November 28th.

PrairieSky Royalty (TSE:PSK) traded down 0.22% on Wednesday, reaching $31.31. The company’s stock had a trading volume of 882,302 shares. PrairieSky Royalty has a 12 month low of $17.15 and a 12 month high of $31.46. The company has a 50-day moving average price of $29.21 and a 200 day moving average price of $26.48. The company has a market cap of $7.15 billion and a P/E ratio of 559.11.

Dividend History for PrairieSky Royalty (TSE:PSK)

PSK has been the topic of several analyst reports. Barclays PLC lifted their price objective on PrairieSky Royalty from C$29.00 to C$31.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 26th. BMO Capital Markets lifted their price objective on PrairieSky Royalty from C$27.00 to C$30.00 and gave the stock a “market perform” rating in a report on Wednesday, October 26th. CIBC lifted their price objective on PrairieSky Royalty from C$33.00 to C$35.00 in a report on Wednesday, October 26th. National Bank Financial reiterated a “sector perform” rating and issued a C$32.00 price objective on shares of PrairieSky Royalty in a report on Wednesday, October 26th. Finally, Raymond James Financial Inc. lifted their price objective on PrairieSky Royalty from C$28.00 to C$30.00 and gave the stock an “outperform” rating in a report on Monday, September 12th. Nine investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. PrairieSky Royalty presently has a consensus rating of “Hold” and an average price target of C$30.17.

COPYRIGHT VIOLATION WARNING: This report was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this report on another website, it was copied illegally and reposted in violation of United States & international copyright laws. The correct version of this report can be accessed at https://www.thecerbatgem.com/2016/11/23/prairiesky-royalty-ltd-psk-to-go-ex-dividend-on-november-28th.html.

About PrairieSky Royalty

PrairieSky Royalty Ltd. is a Canada-based company, which holds a portfolio of fee simple mineral title, and oil and gas royalty interests in Canada. The Company’s properties are located in British Columbia, Alberta, Saskatchewan and Manitoba. The Company’s assets include the Fee Lands, encompassing approximately 8.8 million acres; the GORR Interests, encompassing approximately 6.6 million acres of the GORR Lands; the GRT Interests, encompassing approximately 0.2 million acres of the GRT Lands; approximately 0.2 million acres of Crown Interest Lands primarily in Alberta, and the Seismic License to certain seismic data of Encana Corporation, encompassing approximately 40,010 kilometers of two dimensional seismic and over 10,760 square kilometers of three dimensional seismic.

Receive News & Stock Ratings for PrairieSky Royalty Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PrairieSky Royalty Ltd and related stocks with our FREE daily email newsletter.