InPlay Oil Corp. (OTCMKTS:IPOOF) Announces Dividend of $0.01

InPlay Oil Corp. (OTCMKTS:IPOOF) announced a dividend on Saturday, December 14th,investing.com reports. Stockholders of record on Tuesday, December 17th will be given a dividend of 0.0107 per share on Tuesday, December 31st. This represents a dividend yield of 10.99%. The ex-dividend date of this dividend is Monday, December 16th.

InPlay Oil Stock Performance

Shares of IPOOF traded down $0.02 during midday trading on Friday, reaching $1.17. 39,046 shares of the stock were exchanged, compared to its average volume of 46,530. The company has a market capitalization of $105.44 million, a price-to-earnings ratio of 8.36 and a beta of 1.60. InPlay Oil has a twelve month low of $1.13 and a twelve month high of $1.99. The business’s 50-day moving average price is $1.34 and its 200 day moving average price is $1.50. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.61 and a quick ratio of 0.45.

Wall Street Analysts Forecast Growth

Separately, Noble Financial upgraded InPlay Oil to a “strong-buy” rating in a research report on Monday, October 7th.

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.