Bonterra Energy Corp (OTCMKTS:BNEFF) to Issue Monthly Dividend of $0.01

Bonterra Energy Corp (OTCMKTS:BNEFF) declared a monthly dividend on Tuesday, July 2nd, Zacks reports. Shareholders of record on Monday, July 15th will be paid a dividend of 0.008 per share on Wednesday, July 31st. This represents a $0.10 annualized dividend and a yield of 2.27%. The ex-dividend date of this dividend is Friday, July 12th. This is a positive change from Bonterra Energy’s previous monthly dividend of $0.007.

Shares of OTCMKTS BNEFF opened at $4.24 on Thursday. Bonterra Energy has a 52-week low of $3.20 and a 52-week high of $15.43. The company’s fifty day moving average is $4.13. The stock has a market cap of $141.42 million, a PE ratio of 33.27 and a beta of 0.67. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.44 and a quick ratio of 0.43.

Bonterra Energy (OTCMKTS:BNEFF) last announced its quarterly earnings data on Monday, May 6th. The company reported $0.03 earnings per share (EPS) for the quarter. Bonterra Energy had a net margin of 2.70% and a return on equity of 1.10%. The company had revenue of $37.48 million during the quarter.

Separately, BMO Capital Markets reissued a “sell” rating on shares of Bonterra Energy in a research report on Thursday, March 21st.

About Bonterra Energy

Bonterra Energy Corp., an upstream oil and gas company, engages in the production and sale of crude oil, natural gas, and natural gas liquids. It primarily focuses on the development of its Cardium zone within the Pembina and Willesden Green areas located in west central Alberta. The company also holds interests in the Shaunavon area located in southwest Saskatchewan, and the Prespatou area located in northeast British Columbia.

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Dividend History for Bonterra Energy (OTCMKTS:BNEFF)

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