Whitecap Resources Inc. (OTCMKTS:SPGYF) Declares Dividend Increase – $0.04 Per Share

Whitecap Resources Inc. (OTCMKTS:SPGYF) announced a dividend on Friday, May 24th, investing.com reports. Investors of record on Monday, June 3rd will be paid a dividend of 0.0446 per share on Monday, June 17th. This represents a dividend yield of 7.06%. The ex-dividend date of this dividend is Friday, May 31st. This is an increase from Whitecap Resources’s previous dividend of $0.04.

Whitecap Resources Price Performance

Shares of SPGYF opened at $7.47 on Friday. The firm has a 50-day moving average price of $7.58 and a 200 day moving average price of $7.04. Whitecap Resources has a 12-month low of $6.02 and a 12-month high of $8.98.

Whitecap Resources Company Profile

Whitecap Resources Inc, an oil and gas company, focuses on the acquisition, development, and production of oil and gas assets in Western Canada. The company's primary areas of focus of its development programs are in Northern Alberta and British Columbia, Central Alberta, and Saskatchewan. The company was founded in 2009 and is headquartered in Calgary, Canada.