InPlay Oil Corp. (IPOOF) to Issue Dividend of $0.01 on March 31st

InPlay Oil Corp. (OTCMKTS:IPOOF) announced a dividend on Tuesday, March 11th, investing.com reports. Shareholders of record on Monday, March 17th will be given a dividend of 0.0104 per share on Monday, March 31st. This represents a yield of 11.57%. The ex-dividend date is Friday, March 14th. This is a 1.2% increase from InPlay Oil’s previous dividend of $0.01.

InPlay Oil Price Performance

Shares of InPlay Oil stock traded down $0.01 during trading on Wednesday, reaching $1.08. 8,077 shares of the company’s stock were exchanged, compared to its average volume of 66,195. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.45 and a current ratio of 0.61. InPlay Oil has a 1-year low of $1.02 and a 1-year high of $1.99. The company has a market cap of $97.90 million, a P/E ratio of 7.68 and a beta of 1.45. The firm’s 50-day moving average price is $1.18 and its 200 day moving average price is $1.30.

About InPlay Oil

InPlay Oil Corp. engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in Canada. The company produces and sells crude oil, natural gas, and natural gas liquids. It focuses on light oil asset base located in West Central, Alberta. InPlay Oil Corp.