Strathcona Resources Ltd. (TSE:SCR) Announces Quarterly Dividend of $0.30

Strathcona Resources Ltd. (TSE:SCR) announced a quarterly dividend on Monday, June 8th, TickerTech Dividends reports. Stockholders of record on Wednesday, June 17th will be given a dividend of 0.30 per share on Wednesday, June 17th. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Monday, June 8th.

Strathcona Resources Stock Down 1.4%

SCR stock opened at C$47.67 on Friday. The company’s 50 day simple moving average is C$42.49 and its 200-day simple moving average is C$36.62. The firm has a market capitalization of C$10.21 billion, a PE ratio of 13.74, a P/E/G ratio of -2.02 and a beta of 2.61. Strathcona Resources has a 12 month low of C$25.79 and a 12 month high of C$51.70. The company has a debt-to-equity ratio of 50.35, a current ratio of 0.39 and a quick ratio of 11.09.

Strathcona Resources Company Profile

Strathcona is one of North America’s fastest growing pure play heavy oil producers with operations focused on thermal oil and enhanced oil recovery. Strathcona is built on an innovative approach to growth achieved through the consolidation and development of long-life assets. The Company has three operations, including Cold Lake, Lloydminster Thermal and Lloydminster Conventional. Strathcona is a major producer in the Cold Lake region of Alberta. Our operations include thermal oil producing assets at Lindbergh, Orion and Tucker, with production from best-in-class steam-assisted gravity drainage (SAGD) oil assets.