An announcement from Paramount Resources ( (TSE:POU) ) is now available.
Paramount Resources Ltd. has announced a cash dividend of $0.05 per common share, payable on April 30, 2025, to shareholders of record as of April 15, 2025. This dividend is designated as an ‘eligible dividend’ for Canadian income tax purposes. The announcement reflects Paramount’s ongoing commitment to delivering shareholder value, although the company notes potential risks that could affect future dividend declarations, including changes in market conditions and financial requirements.
More about Paramount Resources
Paramount Resources Ltd. is an independent, publicly traded Canadian energy company focused on liquids-rich natural gas exploration and development. The company operates primarily in Alberta and British Columbia, engaging in both conventional and unconventional petroleum and natural gas projects. Paramount also holds a portfolio of investments in other entities, with its class A common shares listed on the Toronto Stock Exchange under the symbol ‘POU’.
YTD Price Performance: 12.11%
Average Trading Volume: 107,784
Technical Sentiment Signal: Strong Sell
Current Market Cap: $1.83B
For an in-depth examination of POU stock, go to TipRanks’ Stock Analysis page.