Evolution Petroleum Corp. (EPM) Plans Quarterly Dividend of $0.10
Evolution Petroleum Corp. (NYSE:EPM) declared a quarterly dividend on Thursday, August 14th, AR Network reports. Stockholders of record on Monday, September 15th will be given a dividend of 0.10 per share on Tuesday, September 30th. This represents a $0.40 dividend on an annualized basis and a yield of 3.89%.
Evolution Petroleum Corp. (NYSE:EPM) traded down 0.87% on Thursday, hitting $10.25. The stock had a trading volume of 50,060 shares. Evolution Petroleum Corp. has a 52-week low of $9.92 and a 52-week high of $13.83. The stock has a 50-day moving average of $10.88 and a 200-day moving average of $11.79. The company has a market cap of $332.2 million and a price-to-earnings ratio of 129.25. Evolution Petroleum Corp. also was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 882,459 shares, an increase of 2.6% from the July 15th total of 860,400 shares. Based on an average trading volume of 87,123 shares, the short-interest ratio is currently 10.1 days. Currently, 3.2% of the company’s shares are sold short.
Evolution Petroleum Corporation (NYSE:EPM) is a petroleum company engaged primarily in the acquisition, exploitation and development of properties for the production of crude oil and natural gas, onshore in the United States.
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