InPlay Oil Corp. (IPO) to Distribute Monthly Dividend of $0.09 on September 29th

InPlay Oil Corp. (TSE:IPOGet Free Report) announced a monthly dividend on Tuesday, September 15th. Investors of record on Tuesday, September 29th will be given a dividend of 0.09 per share on Tuesday, September 29th. This represents a c) annualized dividend and a dividend yield of 5.9%. The ex-dividend date is Tuesday, September 15th.

InPlay Oil Stock Up 0.9%

Shares of TSE IPO traded up C$0.17 during midday trading on Friday, hitting C$18.17. The company’s stock had a trading volume of 77,409 shares, compared to its average volume of 113,399. InPlay Oil has a 1 year low of C$11.00 and a 1 year high of C$18.96. The firm has a market capitalization of C$502.40 million, a price-to-earnings ratio of -40.38 and a beta of 0.41. The company has a debt-to-equity ratio of 76.05, a current ratio of 0.99 and a quick ratio of 0.51. The business’s fifty day simple moving average is C$16.06 and its two-hundred day simple moving average is C$16.39.

InPlay Oil (TSE:IPOGet Free Report) last released its quarterly earnings data on Thursday, August 13th. The company reported C$0.78 earnings per share (EPS) for the quarter. InPlay Oil had a negative net margin of 4.07% and a negative return on equity of 3.81%. The business had revenue of C$248.23 million during the quarter. On average, equities analysts predict that InPlay Oil will post 0.3500838 EPS for the current year.

Insider Buying and Selling at InPlay Oil

In related news, insider Kevin Yakiwchuk sold 22,634 shares of the company’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of C$18.06, for a total value of C$408,770.04. Following the completion of the sale, the insider directly owned 140,832 shares of the company’s stock, valued at C$2,543,425.92. This represents a 13.85% decrease in their position. Insiders own 25.31% of the company’s stock.

InPlay Oil Company Profile

(Get Free Report)

InPlay is a junior oil and gas exploration and production company with operations in Alberta focused on light oil production. The company operates long-lived, low-decline properties with drilling development and enhanced oil recovery potential as well as undeveloped lands with exploration possibilities.

Further Reading

Dividend History for InPlay Oil (TSE:IPO)

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