Bonterra Energy Corp (TSE:BNE) declared a monthly dividend on Friday, December 1st, Zacks reports. Stockholders of record on Friday, December 15th will be paid a dividend of 0.10 per share on Friday, December 29th. This represents a $1.20 annualized dividend and a dividend yield of 8.52%. The ex-dividend date is Thursday, December 14th.

Shares of Bonterra Energy (TSE:BNE) traded down C$0.16 on Wednesday, hitting C$14.09. 185,855 shares of the stock traded hands, compared to its average volume of 124,490. Bonterra Energy has a 12 month low of C$13.44 and a 12 month high of C$29.76.

In related news, insider George Frederick Fink purchased 5,000 shares of the firm’s stock in a transaction that occurred on Friday, September 29th. The stock was acquired at an average cost of C$16.43 per share, for a total transaction of C$82,150.00. Over the last 90 days, insiders have purchased 39,000 shares of company stock valued at $599,470.

Several research analysts have commented on BNE shares. BMO Capital Markets cut shares of Bonterra Energy from a “market perform” rating to an “underperform” rating and decreased their target price for the stock from C$16.00 to C$15.00 in a report on Tuesday, October 10th. Raymond James Financial upgraded shares of Bonterra Energy from an “outperform” rating to a “strong-buy” rating and set a C$26.00 target price for the company in a report on Thursday, August 24th. TD Securities raised their target price on shares of Bonterra Energy from C$18.50 to C$19.50 and gave the stock a “buy” rating in a report on Thursday, November 9th. Finally, National Bank Financial decreased their target price on shares of Bonterra Energy from C$22.00 to C$21.00 and set an “outperform” rating for the company in a report on Thursday, August 17th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. Bonterra Energy currently has an average rating of “Hold” and a consensus price target of C$26.28.

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Bonterra Energy Company Profile

Bonterra Energy Corp. (Bonterra) is an oil and gas company. The Company is focused on the development of its Cardium land within the Pembina and Willesden Green areas located in central Alberta. The Company is engaged in the development and production of oil and natural gas in the Western Canadian Sedimentary Basin.

Dividend History for Bonterra Energy (TSE:BNE)

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