ARC Resources Ltd. (OTCMKTS:AETUF) Plans Dividend Increase - $0.19 Per Share

ARC Resources Ltd. (OTCMKTS:AETUF - Get Free Report) announced a quarterly dividend on Monday, March 17th, RTT News reports. Stockholders of record on Monday, March 31st will be paid a dividend of 0.19 per share by the energy company on Tuesday, April 15th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.88%. This is a 313.0% increase from ARC Resources's previous quarterly dividend of $0.05.

ARC Resources Stock Performance

AETUF traded up $0.30 during trading hours on Friday, hitting $19.57. The company's stock had a trading volume of 15,259 shares, compared to its average volume of 35,703. ARC Resources has a fifty-two week low of $14.89 and a fifty-two week high of $19.64. The company has a current ratio of 1.14, a quick ratio of 1.12 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $11.54 billion, a PE ratio of 14.28, a PEG ratio of 0.89 and a beta of 1.00. The company has a 50-day simple moving average of $18.31 and a 200 day simple moving average of $17.82.

ARC Resources (OTCMKTS:AETUF - Get Free Report) last posted its earnings results on Thursday, February 6th. The energy company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.42 by $0.03. ARC Resources had a return on equity of 14.48% and a net margin of 24.40%. As a group, sell-side analysts expect that ARC Resources will post 2.23 EPS for the current year.

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ARC Resources Company Profile

ARC Resources Ltd. engages in the acquiring and developing crude oil, natural gas, condensate, and natural gas liquids in Canada. It primarily holds interests in the Montney basin located in Alberta and northeast British Columbia. ARC Resources Ltd. was founded in 1996 and is based in Calgary, Canada.