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

Topaz Energy Corp. (TSE:TPZ) declared a quarterly dividend on Monday, June 15th, TickerTech Dividends reports. Shareholders of record on Tuesday, June 30th will be given a dividend of 0.35 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Monday, June 15th. This is a 2.9% increase from Topaz Energy’s previous quarterly dividend of $0.34.

Topaz Energy Price Performance

Shares of TPZ traded down C$0.01 during mid-day trading on Friday, reaching C$32.53. The stock had a trading volume of 428,665 shares, compared to its average volume of 605,716. The firm has a market cap of C$5.04 billion, a price-to-earnings ratio of 37.39 and a beta of 0.32. Topaz Energy has a 12 month low of C$24.37 and a 12 month high of C$33.91. The business has a fifty day moving average of C$31.66 and a 200 day moving average of C$29.92. The company has a debt-to-equity ratio of 35.87, a quick ratio of 7.17 and a current ratio of 2.93.

Topaz Energy (TSE:TPZ) last issued its earnings results on Tuesday, May 5th. The company reported C$0.25 earnings per share for the quarter. The firm had revenue of C$88.66 million during the quarter. Topaz Energy had a net margin of 45.79% and a return on equity of 10.95%. Equities analysts predict that Topaz Energy will post 0.2019855 EPS for the current year.

About Topaz Energy

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. It generates revenue from the Royalty Assets, which generate the company’s Royalty Production Revenue; and the Infrastructure Assets, which generate the company’s Processing Revenue and Other Income.