Alvopetro Energy Ltd. (OTCMKTS:ALVOF) to Issue $0.09 Quarterly Dividend

Alvopetro Energy Ltd. (OTCMKTS:ALVOFGet Free Report) declared a quarterly dividend on Monday, June 17th, NASDAQ reports. Investors of record on Friday, June 28th will be paid a dividend of 0.09 per share on Monday, July 15th. This represents a $0.36 annualized dividend and a yield of 10.94%. The ex-dividend date is Friday, June 28th.

Alvopetro Energy Trading Up 2.8 %

OTCMKTS:ALVOF traded up $0.09 on Tuesday, reaching $3.29. The company’s stock had a trading volume of 15,536 shares, compared to its average volume of 22,214. The firm has a market cap of $120.48 million, a price-to-earnings ratio of 4.19 and a beta of 0.21. The company has a quick ratio of 2.65, a current ratio of 2.65 and a debt-to-equity ratio of 0.08. Alvopetro Energy has a 12-month low of $2.85 and a 12-month high of $8.07. The stock has a 50 day moving average price of $3.58 and a 200 day moving average price of $4.13.

Alvopetro Energy (OTCMKTS:ALVOFGet Free Report) last issued its quarterly earnings data on Wednesday, May 8th. The company reported $0.12 earnings per share (EPS) for the quarter. The firm had revenue of $11.75 million for the quarter. Alvopetro Energy had a net margin of 39.18% and a return on equity of 33.00%.

About Alvopetro Energy

(Get Free Report)

Alvopetro Energy Ltd. engages in the acquisition, exploration, development, and production of hydrocarbons. It holds interests in the Caburé and Murucututu natural gas assets, Block 182 and 183 exploration assets, and Bom Lugar and Mãe-da-lua oil fields, which covers an area of approximately 22,166 acres in the Recôncavo basin onshore Brazil.

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Dividend History for Alvopetro Energy (OTCMKTS:ALVOF)

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