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InPlay Oil Corp. Announces Monthly Dividend of $0.02 (TSE:IPO)

InPlay Oil logo with Energy background

InPlay Oil Corp. (TSE:IPO - Get Free Report) announced a monthly dividend on Friday, November 1st, TickerTech reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.015 per share on Friday, November 29th. This represents a $0.18 dividend on an annualized basis and a yield of 9.52%. The ex-dividend date of this dividend is Friday, November 15th.

InPlay Oil Price Performance

Shares of TSE:IPO remained flat at C$1.89 during mid-day trading on Friday. The company had a trading volume of 56,360 shares, compared to its average volume of 82,951. The stock's 50 day simple moving average is C$2.03 and its 200 day simple moving average is C$2.19. The company has a market capitalization of C$170.33 million, a price-to-earnings ratio of 6.52 and a beta of 2.37. InPlay Oil has a 52 week low of C$1.87 and a 52 week high of C$2.65. The company has a current ratio of 1.00, a quick ratio of 0.51 and a debt-to-equity ratio of 19.86.

InPlay Oil (TSE:IPO - Get Free Report) last posted its quarterly earnings results on Wednesday, August 14th. The company reported C$0.06 earnings per share for the quarter, topping analysts' consensus estimates of C$0.05 by C$0.01. The business had revenue of C$41.46 million during the quarter, compared to analyst estimates of C$41.21 million. InPlay Oil had a net margin of 17.18% and a return on equity of 9.08%. On average, research analysts predict that InPlay Oil will post 0.3500838 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on IPO shares. Noble Financial raised shares of InPlay Oil to a "strong-buy" rating in a report on Monday, October 7th. Acumen Capital reduced their price target on shares of InPlay Oil from C$3.75 to C$3.50 in a report on Friday, August 16th.

Check Out Our Latest Stock Report on InPlay Oil

About InPlay Oil

(Get Free Report)

InPlay Oil Corp. engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in Canada. The company produces and sells crude oil, natural gas, and natural gas liquids. It focuses on light oil asset base located in West Central, Alberta. InPlay Oil Corp.

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Dividend History for InPlay Oil (TSE:IPO)

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