Shares of PetroTal Corp. (OTCMKTS:PTALF – Get Free Report) rose 0.9% during mid-day trading on Thursday after the company announced a dividend. The stock traded as high as $0.50 and last traded at $0.49. Approximately 48,210 shares changed hands during mid-day trading, a decline of 71% from the average daily volume of 166,125 shares. The stock had previously closed at $0.49.
The newly announced dividend which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.015 per share. This represents a $0.06 dividend on an annualized basis and a dividend yield of 12.37%. The ex-dividend date is Friday, February 28th.
PetroTal Trading Down 1.3 %
The business’s fifty day moving average price is $0.46 and its 200-day moving average price is $0.47.
About PetroTal
PetroTal Corp. engages in the development and exploration of oil and natural gas in Peru, South America. Its flagship property is the Bretana oil field located in the Maranon Basin of northern Peru. The company was formerly known as Sterling Resources Ltd. and changed its name to PetroTal Corp. in June 2018.
Further Reading
- Five stocks we like better than PetroTal
- Conference Calls and Individual Investors
- Unity Stock: Is a True Turnaround Finally Taking Shape?
- Earnings Per Share Calculator: How to Calculate EPS
- DuPont’s Electronics Spinoff: The Start of Something Big
- The Basics of Support and Resistance
- The Trade Desk Crashes on Earnings, But Growth Catalysts Persist
Receive News & Ratings for PetroTal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PetroTal and related companies with MarketBeat.com's FREE daily email newsletter.
