ARC Resources Ltd. (AETUF) to Issue Quarterly Dividend of $0.19 on April 15th

ARC Resources Ltd. (OTCMKTS:AETUF) declared a quarterly dividend on Monday, March 17th, RTT News reports. Shareholders of record on Monday, March 31st will be given a dividend of 0.19 per share by the energy company on Tuesday, April 15th. This represents a $0.76 annualized dividend and a yield of 4.03%. This is a 313.0% increase from ARC Resources’s previous quarterly dividend of $0.05.

ARC Resources Price Performance

Shares of OTCMKTS:AETUF opened at $18.86 on Wednesday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.12 and a current ratio of 1.14. The firm has a market cap of $11.12 billion, a price-to-earnings ratio of 13.77, a P/E/G ratio of 0.89 and a beta of 1.00. ARC Resources has a fifty-two week low of $14.89 and a fifty-two week high of $19.64. The firm has a fifty day moving average price of $18.30 and a 200 day moving average price of $17.80.

ARC Resources (OTCMKTS:AETUF) last announced its quarterly earnings results on Thursday, February 6th. The energy company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.03. ARC Resources had a net margin of 24.40% and a return on equity of 14.48%. As a group, sell-side analysts expect that ARC Resources will post 2.23 earnings per share for the current fiscal year.

ARC Resources Company Profile

ARC Resources Ltd. engages in the acquiring and developing crude oil, natural gas, condensate, and natural gas liquids in Canada. It primarily holds interests in the Montney basin located in Alberta and northeast British Columbia. ARC Resources Ltd. was founded in 1996 and is based in Calgary, Canada.