Paramount Resources Ltd. (PRMRF) to Issue Dividend of $0.09 on February 29th

Paramount Resources Ltd. (OTCMKTS:PRMRFGet Free Report) declared a dividend on Friday, February 9th, reports. Shareholders of record on Thursday, February 15th will be paid a dividend of 0.0932 per share on Thursday, February 29th. This represents a yield of 6%. The ex-dividend date of this dividend is Wednesday, February 14th.

Paramount Resources Trading Up 1.7 %

Shares of OTCMKTS:PRMRF opened at $19.59 on Friday. Paramount Resources has a twelve month low of $18.19 and a twelve month high of $25.10. The company’s 50 day moving average is $19.35 and its 200 day moving average is $21.59. The company has a market cap of $2.83 billion, a PE ratio of 6.34 and a beta of 2.69.

About Paramount Resources

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Paramount Resources Ltd. explores for and develops conventional and unconventional petroleum and natural gas in Canada. The company holds interests in the Karr and Wapiti Montney properties covering an area of 185,000 net acres located south of the city of Grande Prairie, Alberta; Kaybob North Duvernay development, the Kaybob North Montney oil development and other low-decline, legacy shale gas, and conventional natural gas producing properties covering an area of 745,000 net acres located in west-central Alberta; and Willesden Green Duvernay development in central Alberta and shale gas producing properties in the Horn River Basin in northeast British Columbia covering an area of 811,000 net acres.

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Dividend History for Paramount Resources (OTCMKTS:PRMRF)

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