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Alvopetro Energy Ltd. to Issue Quarterly Dividend of $0.09 (OTCMKTS:ALVOF)

Alvopetro Energy logo with Oils/Energy background

Alvopetro Energy Ltd. (OTCMKTS:ALVOF - Get Free Report) announced a quarterly dividend on Tuesday, December 17th,NASDAQ Dividends reports. Investors of record on Tuesday, December 31st will be given a dividend of 0.09 per share on Wednesday, January 15th. This represents a $0.36 dividend on an annualized basis and a yield of 10.18%. The ex-dividend date of this dividend is Tuesday, December 31st.

Alvopetro Energy Price Performance

Alvopetro Energy stock traded up $0.04 during midday trading on Thursday, hitting $3.54. 4,326 shares of the company's stock were exchanged, compared to its average volume of 19,813. The stock has a 50-day moving average price of $3.47 and a two-hundred day moving average price of $3.55. Alvopetro Energy has a 52-week low of $2.85 and a 52-week high of $5.19. The company has a market cap of $129.31 million, a P/E ratio of 9.07 and a beta of 0.14. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.10 and a current ratio of 2.10.

About Alvopetro Energy

(Get Free Report)

Alvopetro Energy Ltd. operates as an independent upstream and midstream operator. It engages in the acquisition, exploration, development, and production of hydrocarbons. The company holds interests in the Caburé and Murucututu natural gas assets, Block 182 and 183 exploration assets, and Bom Lugar and Mãe-da-lua oil fields, which covers an area of approximately 22,166 acres in the Recôncavo basin onshore Brazil.

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Dividend History for Alvopetro Energy (OTCMKTS:ALVOF)

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