Geopark Ltd (NYSE:GPRK) to Issue Quarterly Dividend of $0.02

Geopark Ltd (NYSE:GPRK) announced a quarterly dividend on Tuesday, August 4th. Shareholders of record on Wednesday, August 19th will be paid a dividend of 0.023 per share by the oil and gas company on Wednesday, September 2nd. This represents a c) annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Wednesday, August 19th.

Geopark has raised its dividend by an average of 0.4%annually over the last three years and has raised its dividend every year for the last 3 years. Geopark has a payout ratio of 10.3% meaning its dividend is sufficiently covered by earnings.

Geopark Stock Performance

NYSE:GPRK opened at $9.36 on Wednesday. The company has a quick ratio of 0.96, a current ratio of 1.00 and a debt-to-equity ratio of 1.51. Geopark has a fifty-two week low of $5.75 and a fifty-two week high of $11.87. The stock has a market cap of $484.03 million, a PE ratio of 8.92 and a beta of 0.39. The firm’s fifty day simple moving average is $9.99 and its 200-day simple moving average is $9.29.

Geopark (NYSE:GPRK) last announced its quarterly earnings results on Tuesday, August 4th. The oil and gas company reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.10. Geopark had a net margin of 11.74% and a return on equity of 36.71%. The business had revenue of $143.30 million during the quarter, compared to the consensus estimate of $185.50 million.

Geopark Company Profile

Geopark Ltd. (NYSE:GPRK) is an independent oil and gas exploration and production company focused on Latin America. Founded in 2002 and with corporate offices in Canada and regional headquarters in Bogotá, Colombia, Geopark pursues the discovery and development of unconventional and conventional hydrocarbon resources. The company’s strategy emphasizes asset consolidation in established basins alongside disciplined capital allocation to maximize production efficiency.

The company’s core operations are centered in Colombia’s Llanos Basin, where it holds interests in several producing blocks that deliver light crude oil to local and export markets.