ARC Resources Ltd. (OTCMKTS:AETUF) Announces Dividend of $0.13

ARC Resources Ltd. (OTCMKTS:AETUF) declared a dividend on Saturday, September 21st, investing.com reports. Stockholders of record on Monday, September 30th will be given 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 of this dividend is Friday, September 27th. This is an increase from ARC Resources’s previous dividend of $0.12.

ARC Resources Stock Performance

OTCMKTS:AETUF opened at $16.90 on Friday. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $10.10 billion, a P/E ratio of 11.42 and a beta of 1.13. The firm has a 50-day moving average price of $17.45 and a two-hundred day moving average price of $17.88. ARC Resources has a twelve month low of $13.55 and a twelve month high of $19.28.

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

About ARC Resources

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.