PrairieSky Royalty Ltd. (TSE:PSK) Shareholders to Receive $0.27 Quarterly Dividend

PrairieSky Royalty Ltd. (TSE:PSK – Get Free Report) announced a quarterly dividend on Tuesday, September 29th. Shareholders of record on Thursday, October 15th will be given a dividend of $0.2650 per share on Thursday, October 15th. This represents a $1.06 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Tuesday, September 29th.

PrairieSky Royalty Trading Down 0.6%

TSE PSK traded down C$0.20 during trading on Friday, hitting C$33.66. 188,962 shares of the company’s stock traded hands, compared to its average volume of 500,494. The stock has a fifty day moving average of C$35.32 and a two-hundred day moving average of C$33.72. The company has a debt-to-equity ratio of 6.88, a current ratio of 0.90 and a quick ratio of 0.65. PrairieSky Royalty has a 12-month low of C$24.51 and a 12-month high of C$37.29. The firm has a market cap of C$7.82 billion, a P/E ratio of 32.37, a PEG ratio of 0.47 and a beta of 0.73.

About PrairieSky Royalty

(Get Free Report)

PrairieSky Royalty Ltd is the owner of subsurface mineral rights on a variety of royalty properties in western Canada. The company encourages third parties to develop these properties, while also seeking additional petroleum and natural gas royalty assets. Once PrairieSky has given a third party the right to explore, develop, or produce on its properties, the company collects royalty revenue from the development of petroleum and natural gas. Property arrangements can be contracted as lease issuances, farmouts, drilling commitments, or seismic option agreements.

Featured Articles

Dividend History for PrairieSky Royalty (TSE:PSK)

Receive News & Ratings for PrairieSky Royalty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PrairieSky Royalty and related companies with MarketBeat.com's FREE daily email newsletter.