Paramount Resources About To Put More Money In Your PocketBy Canada Stock Channel Staff, Wednesday, April 10, 10:59 AM ETOn 4/12/24, Paramount Resources Ltd. (TSE:POU.CA) will trade ex-dividend, for its monthly dividend of $0.125, payable on 4/30/24. As a percentage of POU.CA's recent stock price of $29.27, this dividend works out to approximately 0.43%. Below is a dividend history chart for POU.CA, showing historical dividends prior to the most recent $0.125 declared by Paramount Resources Ltd.: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from POU.CA is likely to continue, and whether the current estimated yield of 5.12% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of POU.CA shares, versus its 200 day moving average:
Looking at the chart above, POU.CA's low point in its 52 week range is $24.59 per share, with $33.80 as the 52 week high point — that compares with a last trade of $29.50. Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.
In Wednesday trading, Paramount Resources Ltd. shares are currently up about 1.8% on the day.
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