Topaz Energy Corp. (TSE:TPZ – Get Free Report) declared a quarterly dividend on Monday, July 29th, Zacks reports. Investors of record on Friday, September 13th will be given a dividend of 0.33 per share on Friday, September 27th. This represents a $1.32 annualized dividend and a yield of 5.12%. The ex-dividend date is Friday, September 13th. This is an increase from Topaz Energy’s previous quarterly dividend of $0.32.
Topaz Energy Stock Performance
Topaz Energy stock opened at C$25.76 on Wednesday. The firm’s fifty day moving average price is C$23.72 and its 200-day moving average price is C$22.07. The company has a debt-to-equity ratio of 30.43, a quick ratio of 7.17 and a current ratio of 2.47. The stock has a market cap of C$3.73 billion, a P/E ratio of 80.50 and a beta of 0.50. Topaz Energy has a fifty-two week low of C$18.03 and a fifty-two week high of C$26.10.
Topaz Energy (TSE:TPZ – Get Free Report) last released its quarterly earnings data on Monday, April 29th. The company reported C$0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.07 by C($0.03). The firm had revenue of C$70.88 million during the quarter, compared to analysts’ expectations of C$78.00 million. Topaz Energy had a net margin of 14.29% and a return on equity of 3.62%. On average, equities research analysts expect that Topaz Energy will post 0.198902 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Read Our Latest Research Report on TPZ
About Topaz Energy
Topaz Energy Corp. operates as a royalty and energy infrastructure company in Canada. It operates in two segments, the Royalty Assets and the Infrastructure Assets. The company holds royalty interests on approximately 6 million gross acres of developed and undeveloped lands. It also involved in the natural gas processing and water management infrastructure activities.
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