Epsilon Energy Ltd. Plans Quarterly Dividend of $0.06 (NASDAQ:EPSN)

Epsilon Energy Ltd. (NASDAQ:EPSN) announced a quarterly dividend on Friday, February 28th, Wall Street Journal reports. Shareholders of record on Thursday, March 13th will be paid a dividend of 0.0625 per share on Monday, March 31st. This represents a $0.25 dividend on an annualized basis and a yield of 3.79%. The ex-dividend date is Thursday, March 13th.

Epsilon Energy Stock Performance

Shares of EPSN traded up $0.38 during trading hours on Friday, reaching $6.60. 42,562 shares of the company traded hands, compared to its average volume of 36,835. Epsilon Energy has a 1-year low of $4.90 and a 1-year high of $6.75. The stock has a market cap of $144.26 million, a P/E ratio of 26.40 and a beta of 0.37. The stock’s fifty day moving average is $6.26 and its 200 day moving average is $5.87.

Epsilon Energy Company Profile

Epsilon Energy Ltd., a North American onshore independent natural gas and oil company, engages in the acquisition, development, gathering, and production of natural oil and gas reserves in the United States. The company operates through Upstream and Gathering System segments. It has natural gas production in the Marcellus Shale in Pennsylvania; and oil, natural gas liquids, and natural gas production in the Permian Basin in Texas and New Mexico, and Anadarko Basin in Oklahoma.