MEG Energy Corp. (OTCMKTS:MEGEF) Declares Dividend of $0.07

MEG Energy Corp. (OTCMKTS:MEGEF) announced a dividend on Tuesday, March 18th, investing.com reports. Shareholders of record on Friday, March 21st will be given a dividend of 0.0693 per share on Tuesday, April 15th. This represents a yield of 1.61%. The ex-dividend date is Thursday, March 20th.

MEG Energy Stock Up 2.1 %

OTCMKTS:MEGEF opened at $17.20 on Tuesday. MEG Energy has a 12 month low of $13.78 and a 12 month high of $24.59. The company has a 50 day simple moving average of $16.27 and a two-hundred day simple moving average of $17.47.

About MEG Energy

MEG Energy Corp., an energy company, focuses on sustainable in situ thermal oil production in its Christina Lake Project in the southern Athabasca oil region of Alberta, Canada. The company develops oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the recovery of oil, as well as lower carbon emissions.