Crescent Point En (CPG) Plans Monthly Dividend of $0.21
Crescent Point En (NYSE:CPG) declared a monthly dividend on Tuesday, June 17th, AR Network reports. Stockholders of record on Monday, June 30th will be given a dividend of 0.2116 per share on Tuesday, July 15th. This represents a $2.54 dividend on an annualized basis and a yield of 5.91%. The ex-dividend date of this dividend is Thursday, June 26th.
A number of research firms have recently commented on CPG. Analysts at Zacks upgraded shares of Crescent Point En from a “neutral” rating to an “outperform” rating in a research note on Tuesday. They now have a $46.30 price target on the stock. On the ratings front, analysts at TheStreet upgraded shares of Crescent Point En from a “hold” rating to a “buy” rating in a research note on Tuesday, May 13th.
Shares of Crescent Point En (NYSE:CPG) traded down 0.88% on Tuesday, hitting $42.99. 54,153 shares of the company’s stock traded hands. Crescent Point En has a 52-week low of $33.39 and a 52-week high of $44.84. The stock’s 50-day moving average is $40.82 and its 200-day moving average is $37.79. The company has a market cap of $17.114 billion and a price-to-earnings ratio of 104.51.
Crescent Point En (NYSE:CPG) last posted its quarterly earnings results on Friday, May 9th. The company reported $0.42 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.44 by $0.02.
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