ARC Resources Ltd. (AETUF) to Issue Dividend of $0.13 on October 15th

ARC Resources Ltd. (OTCMKTS:AETUF) declared a dividend on Saturday, September 21st, investing.com reports. Stockholders of record on Monday, September 30th will be paid a dividend of 0.1251 per share by the energy company on Tuesday, October 15th. This represents a dividend yield of 2.96%. The ex-dividend date is Friday, September 27th. This is a boost from ARC Resources’s previous dividend of $0.12.

ARC Resources Stock Down 0.4 %

Shares of ARC Resources stock opened at $16.90 on Monday. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.18. ARC Resources has a 52-week low of $13.55 and a 52-week high of $19.28. The company has a market capitalization of $10.10 billion, a P/E ratio of 11.42 and a beta of 1.13. The company has a 50 day moving average of $17.45 and a 200 day moving average of $17.89.

ARC Resources (OTCMKTS:AETUF) last issued its earnings results on Thursday, August 1st. The energy company reported $0.29 EPS for the quarter. ARC Resources had a net margin of 22.19% and a return on equity of 15.68%. The firm had revenue of $842.85 million during the quarter.

ARC Resources Company Profile

ARC Resources Ltd. engages in the acquiring and developing crude oil, natural gas, condensate, and natural gas liquids in Canada. It primarily holds interests in the Montney basin located in Alberta and northeast British Columbia. ARC Resources Ltd. was founded in 1996 and is based in Calgary, Canada.