Whitecap Resources Inc. (OTCMKTS:SPGYF – Get Free Report) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $6.95 and traded as low as $6.77. Whitecap Resources shares last traded at $6.79, with a volume of 119,259 shares trading hands.
Whitecap Resources Trading Down 1.7 %
The stock’s 50-day moving average is $6.96 and its 200 day moving average is $7.27.
Whitecap Resources Increases Dividend
The business also recently declared a dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be paid a $0.0427 dividend. The ex-dividend date of this dividend is Friday, February 28th. This is an increase from Whitecap Resources’s previous dividend of $0.04. This represents a dividend yield of 7.49%. Whitecap Resources’s dividend payout ratio is 47.33%.
Whitecap Resources Company Profile
Whitecap Resources Inc, an oil and gas company, focuses on the acquisition, development, and production of oil and gas assets in Western Canada. The company's primary areas of focus of its development programs are in Northern Alberta and British Columbia, Central Alberta, and Saskatchewan. The company was founded in 2009 and is headquartered in Calgary, Canada.
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