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

InPlay Oil Corp. (TSE:IPOGet Free Report) announced a monthly dividend on Wednesday, February 14th, TickerTech reports. Shareholders of record on Thursday, February 29th will be given a dividend of 0.015 per share on Thursday, February 29th. This represents a $0.18 annualized dividend and a yield of 8.14%. The ex-dividend date of this dividend is Wednesday, February 14th.

InPlay Oil Trading Up 1.8 %

Shares of IPO stock opened at C$2.21 on Tuesday. The stock has a market cap of C$200.96 million, a price-to-earnings ratio of 4.80 and a beta of 2.39. The company has a debt-to-equity ratio of 15.16, a quick ratio of 0.51 and a current ratio of 0.75. The firm has a fifty day moving average of C$2.23 and a 200-day moving average of C$2.46. InPlay Oil has a 52-week low of C$2.03 and a 52-week high of C$2.96.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on IPO. Canaccord Genuity Group lifted their price objective on shares of InPlay Oil from C$4.75 to C$5.00 in a report on Friday, October 20th. ATB Capital reduced their target price on shares of InPlay Oil from C$4.25 to C$3.75 and set an “outperform” rating for the company in a research report on Thursday, January 18th.

Read Our Latest Stock Analysis on InPlay Oil

InPlay Oil Company Profile

(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 also produces light-oil primarily in the Willesden Green area of central Alberta.

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Dividend History for InPlay Oil (TSE:IPO)

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