Crescent Point En Declares Monthly Dividend of $0.21 (CPG)
Crescent Point En (NYSE:CPG) announced a monthly dividend on Monday, August 18th, American Banking News reports. Shareholders of record on Sunday, August 31st will be paid a dividend of 0.2106 per share on Monday, September 15th. This represents a $2.53 annualized dividend and a dividend yield of 6.29%. The ex-dividend date is Wednesday, August 27th.
On a related note, analysts at Zacks downgraded shares of Crescent Point En from an “outperform” rating to a “neutral” rating in a research note on Friday, August 1st. They now have a $48.30 price target on the stock.
Crescent Point En (NYSE:CPG) traded down 0.62% on Monday, hitting $39.94. 46,307 shares of the company’s stock traded hands. Crescent Point En has a 1-year low of $33.72 and a 1-year high of $44.84. The stock’s 50-day moving average is $41.53 and its 200-day moving average is $39.13. The company has a market cap of $15.900 billion and a P/E ratio of 97.31.
Crescent Point En (NYSE:CPG) last announced its earnings results on Wednesday, August 13th. The company reported $0.39 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.39. On average, analysts predict that Crescent Point En will post $1.33 earnings per share for the current fiscal year.
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