Whitecap Resources Inc. (OTCMKTS:SPGYF) to Issue Dividend Increase – $0.04 Per Share

Whitecap Resources Inc. (OTCMKTS:SPGYF) declared a dividend on Friday, February 21st, investing.com reports. Shareholders of record on Monday, March 3rd will be given a dividend of 0.0427 per share on Monday, March 17th. This represents a yield of 7.49%. The ex-dividend date is Friday, February 28th. This is a boost from Whitecap Resources’s previous dividend of $0.04.

Whitecap Resources Trading Down 1.2 %

OTCMKTS:SPGYF opened at $7.00 on Friday. Whitecap Resources has a fifty-two week low of $6.00 and a fifty-two week high of $8.30. The business’s 50-day simple moving average is $6.94 and its 200-day simple moving average is $7.29.

About Whitecap Resources

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.