Topaz Energy Corp. (TPZ) To Go Ex-Dividend on December 15th

Topaz Energy Corp. (TSE:TPZ) declared a quarterly dividend on Monday, December 15th, TickerTech Dividends reports. Shareholders of record on Wednesday, December 31st will be paid a dividend of 0.34 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend is Monday, December 15th.

Topaz Energy Price Performance

Shares of TSE:TPZ traded up C$0.19 during trading on Friday, reaching C$28.35. The stock had a trading volume of 262,579 shares, compared to its average volume of 369,484. The company has a debt-to-equity ratio of 36.45, a quick ratio of 7.17 and a current ratio of 1.89. Topaz Energy has a 1-year low of C$21.00 and a 1-year high of C$29.17. The stock has a market cap of C$4.36 billion, a PE ratio of 76.62 and a beta of 0.29. The business has a fifty day moving average price of C$26.39 and a 200-day moving average price of C$25.85.

Topaz Energy (TSE:TPZ) last released its earnings results on Monday, November 3rd. The company reported C$0.10 earnings per share (EPS) for the quarter. The business had revenue of C$76.44 million during the quarter. Topaz Energy had a net margin of 20.54% and a return on equity of 5.15%. On average, equities analysts forecast that Topaz Energy will post 0.2019855 earnings per share for the current fiscal year.

Insider Activity at Topaz Energy

In other Topaz Energy news, Director Mike Rose acquired 10,000 shares of the firm’s stock in a transaction that occurred on Friday, November 7th. The shares were purchased at an average cost of C$25.21 per share, for a total transaction of C$252,100.00. Following the completion of the acquisition, the director owned 443,470 shares of the company’s stock, valued at approximately C$11,179,878.70. The trade was a 2.31% increase in their position. Insiders own 35.66% of the company’s stock.

Topaz Energy Company Profile

Topaz Energy Corp is a royalty and energy infrastructure company focused on generating free cash flow growth and paying reliable and sustainable dividends to its shareholders, through its strategic relationship with Canada’s natural gas producers, and leveraging industry relationships to execute complementary acquisitions from other high-quality energy companies, while maintaining its commitment to environmental, social and governance practices.