Epsilon Energy Ltd. (NASDAQ:EPSN) Plans $0.06 Quarterly Dividend

Epsilon Energy Ltd. (NASDAQ:EPSN) declared a quarterly dividend on Tuesday, August 27th, Zacks reports. Stockholders of record on Friday, September 13th will be paid a dividend of 0.063 per share on Monday, September 30th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 4.62%. The ex-dividend date of this dividend is Friday, September 13th.

Epsilon Energy Stock Up 0.2 %

EPSN stock traded up $0.01 during midday trading on Thursday, reaching $5.45. 3,011 shares of the company’s stock traded hands, compared to its average volume of 42,864. The company has a market cap of $119.47 million, a price-to-earnings ratio of 23.57 and a beta of 0.39. The company has a 50-day simple moving average of $5.38 and a two-hundred day simple moving average of $5.31. Epsilon Energy has a 1-year low of $4.70 and a 1-year high of $5.85.

Insider Buying and Selling at Epsilon Energy

In other news, CEO Jason Stabell acquired 9,139 shares of the firm’s stock in a transaction on Friday, August 16th. The shares were purchased at an average cost of $5.28 per share, for a total transaction of $48,253.92. Following the transaction, the chief executive officer now owns 396,339 shares of the company’s stock, valued at $2,092,669.92. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 5.53% of the company’s stock.

Epsilon Energy Company Profile

Epsilon Energy Ltd., a natural gas and oil company, engages in the acquisition, development, gathering, and production of natural oil and gas reserves in the United States. The company operates through Upstream and Gathering System segments. It has natural gas production in the Marcellus Shale in Pennsylvania; and oil, natural gas liquids, and natural gas production in the Permian Basin in Texas and New Mexico, and Anadarko Basin in Oklahoma.