Pengrowth Energy Corp Announces Dividend of $0.04 (PGH)
Pengrowth Energy Corp (NYSE:PGH) declared a dividend on Monday, January 13th, American Banking News.com reports. Shareholders of record on Thursday, January 23rd will be given a dividend of 0.0368 per share on Tuesday, February 18th. The ex-dividend date of this dividend is Tuesday, January 21st.
A number of research firms have recently commented on PGH. Analysts at Zacks upgraded shares of Pengrowth Energy Corp from an “underperform” rating to a “neutral” rating in a research note to investors on Friday, December 27th. They now have a $6.30 price target on the stock. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Pengrowth Energy Corp has an average rating of “Hold” and an average price target of $6.59.
Pengrowth Energy Corp (NYSE:PGH) opened at 5.96 on Wednesday. Pengrowth Energy Corp has a 1-year low of $3.82 and a 1-year high of $6.55. The stock has a 50-day moving average of $6.20 and a 200-day moving average of $5.95. The company’s market cap is $3.098 billion.
Pengrowth Energy Corporation (NYSE:PGH) is engaged in the development, production and acquisition of, and the exploration for, oil and natural gas reserves in the provinces of Alberta, British Columbia, Saskatchewan and Nova Scotia.
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