ARC Resources Ltd. (OTCMKTS:AETUF) Declares Dividend of $0.13

ARC Resources Ltd. (OTCMKTS:AETUF) declared a dividend on Saturday, September 21st, investing.com reports. Stockholders of record on Monday, September 30th will be paid a dividend of 0.1251 per share by the energy company on Tuesday, October 15th. This represents a dividend yield of 2.96%. The ex-dividend date of this dividend is Friday, September 27th. This is a boost from ARC Resources’s previous dividend of $0.12.

ARC Resources Price Performance

Shares of OTCMKTS:AETUF opened at $16.67 on Thursday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.88 and a current ratio of 0.88. ARC Resources has a one year low of $13.55 and a one year high of $19.28. The company has a 50-day simple moving average of $17.42 and a 200-day simple moving average of $17.87. The stock has a market capitalization of $9.96 billion, a price-to-earnings ratio of 11.26 and a beta of 1.13.

ARC Resources (OTCMKTS:AETUF) last posted its quarterly earnings data on Thursday, August 1st. The energy company reported $0.29 earnings per share for the quarter. ARC Resources had a return on equity of 15.68% and a net margin of 22.19%. The company had revenue of $842.85 million during the quarter.

ARC Resources Company Profile

ARC Resources Ltd. engages in the acquiring and developing crude oil, natural gas, condensate, and natural gas liquids in Canada. It primarily holds interests in the Montney basin located in Alberta and northeast British Columbia. ARC Resources Ltd. was founded in 1996 and is based in Calgary, Canada.