MEG Energy Corp. Declares Dividend of $0.07 (OTCMKTS:MEGEF)

MEG Energy Corp. (OTCMKTS:MEGEF) declared a dividend on Saturday, December 14th,investing.com reports. Stockholders of record on Tuesday, December 17th will be given a dividend of 0.0722 per share on Wednesday, January 15th. This represents a dividend yield of 1.73%. The ex-dividend date of this dividend is Monday, December 16th.

MEG Energy Stock Down 0.4 %

MEGEF stock traded down $0.07 during trading on Friday, reaching $16.65. The stock had a trading volume of 23,268 shares, compared to its average volume of 143,639. The stock’s 50 day moving average is $18.54 and its two-hundred day moving average is $19.52. MEG Energy has a 52 week low of $16.52 and a 52 week high of $24.59.

About MEG Energy

MEG Energy Corp., an energy company, focuses on sustainable in situ thermal oil production in its Christina Lake Project in the southern Athabasca oil region of Alberta, Canada. The company develops oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the recovery of oil, as well as lower carbon emissions.