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| Reminder - Petrus Resources (PRQ.CA) Goes Ex-Dividend SoonBy Canada Stock Channel Staff, Thursday, January 11, 10:11 AM ET
On 1/15/24, Petrus Resources Ltd (TSE:PRQ.CA) will trade ex-dividend, for its monthly dividend of $0.01, payable on 1/31/24. As a percentage of PRQ.CA's recent stock price of $1.33, this dividend works out to approximately 0.75%, so look for shares of Petrus Resources Ltd to trade 0.75% lower — all else being equal — when PRQ.CA shares open for trading on 1/15/24. Below is a dividend history chart for PRQ.CA, showing historical dividends prior to the most recent $0.01 declared by Petrus Resources Ltd: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PRQ.CA is likely to continue, and whether the current estimated yield of 9.02% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PRQ.CA shares, versus its 200 day moving average:
Looking at the chart above, PRQ.CA's low point in its 52 week range is $1.15 per share, with $2.525 as the 52 week high point — that compares with a last trade of $1.33. Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.
In Thursday trading, Petrus Resources Ltd shares are currently up about 0.8% on the day.
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