Inter Pipeline Ltd (TSE:IPL) announced a monthly dividend on Monday, October 21st, TickerTech reports. Stockholders of record on Friday, November 15th will be given a dividend of 0.1425 per share on Friday, November 15th. This represents a $1.71 dividend on an annualized basis and a dividend yield of 7.69%. The ex-dividend date is Monday, October 21st. This is a boost from Inter Pipeline’s previous monthly dividend of $0.14.
TSE IPL opened at C$22.25 on Friday. The firm has a market cap of $9.18 billion and a P/E ratio of 13.26. The company has a debt-to-equity ratio of 153.30, a current ratio of 0.18 and a quick ratio of 0.15. The stock’s 50-day moving average is C$23.64 and its 200-day moving average is C$22.28. Inter Pipeline has a one year low of C$18.60 and a one year high of C$25.42.
Inter Pipeline (TSE:IPL) last released its quarterly earnings results on Thursday, August 8th. The company reported C$0.28 EPS for the quarter, topping the Zacks’ consensus estimate of C$0.27 by C$0.01. The business had revenue of C$641.60 million for the quarter, compared to analyst estimates of C$556.00 million. Equities analysts anticipate that Inter Pipeline will post 1.2905777 EPS for the current year.
Inter Pipeline Company Profile
Inter Pipeline Ltd. engages in the petroleum transportation and storage, and natural gas liquids processing businesses in Canada and Europe. The company operates through four segments: Oil Sands Transportation; Conventional Oil Pipelines; Natural Gas Liquids (NGL) Processing; and Bulk Liquid Storage.
Read More: What is the Bid-Ask Spread?
Receive News & Ratings for Inter Pipeline Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inter Pipeline and related companies with MarketBeat.com's FREE daily email newsletter.