Strathcona Resources Ltd. (SCR) to Issue Quarterly Dividend of $0.30 on June 17th

by · The Cerbat Gem

Strathcona Resources Ltd. (TSE:SCR – Get Free Report) announced a quarterly dividend on Monday, June 8th, TickerTech Dividends reports. Stockholders of record on Wednesday, June 17th will be given a dividend of 0.30 per share on Wednesday, June 17th. This represents a c) dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Monday, June 8th.

Strathcona Resources Price Performance

TSE SCR opened at C$47.67 on Friday. The firm has a market capitalization of C$10.21 billion, a price-to-earnings ratio of 13.74, a price-to-earnings-growth ratio of -2.02 and a beta of 2.61. The company has a 50 day simple moving average of C$42.49 and a 200-day simple moving average of C$36.62. The company has a debt-to-equity ratio of 50.35, a current ratio of 0.39 and a quick ratio of 11.09. Strathcona Resources has a 52-week low of C$25.79 and a 52-week high of C$51.70.

Strathcona Resources Company Profile

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Strathcona is one of North America’s fastest growing pure play heavy oil producers with operations focused on thermal oil and enhanced oil recovery. Strathcona is built on an innovative approach to growth achieved through the consolidation and development of long-life assets. The Company has three operations, including Cold Lake, Lloydminster Thermal and Lloydminster Conventional. Strathcona is a major producer in the Cold Lake region of Alberta. Our operations include thermal oil producing assets at Lindbergh, Orion and Tucker, with production from best-in-class steam-assisted gravity drainage (SAGD) oil assets.

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