Whitecap Resources Inc. (OTCMKTS:SPGYF – Get Free Report) shares crossed 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.
Whitecap Resources Stock Performance
The firm has a 50 day moving average price of $6.96 and a 200-day moving average price of $7.27.
Whitecap Resources Increases Dividend
The business also recently announced a dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be given a dividend of $0.0427 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a yield of 7.49%. This is a boost from Whitecap Resources’s previous dividend of $0.04. Whitecap Resources’s dividend payout ratio is presently 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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