Karoon Energy Ltd (KAR) to Issue Final Dividend of $0.05 on March 30th

Karoon Energy Ltd (ASX:KAR) declared a final dividend on Friday, February 28th, MarketIndexAU Dividends reports. Stockholders of record on Sunday, March 30th will be paid a dividend of 0.05 per share on Sunday, March 30th. This represents a dividend yield of 3.26%. The ex-dividend date of this dividend is Monday, March 3rd.

Karoon Energy Stock Performance

The company has a quick ratio of 0.87, a current ratio of 1.60 and a debt-to-equity ratio of 54.72. The company has a market cap of $1.11 billion, a PE ratio of 12.50, a P/E/G ratio of 0.04 and a beta of 1.22.

Insider Activity at Karoon Energy

In other Karoon Energy news, insider Julian Fowles purchased 121,594 shares of the firm’s stock in a transaction dated Monday, January 6th. The stock was bought at an average price of A$1.44 ($0.89) per share, with a total value of A$175,095.36 ($108,754.88). Insiders own 1.50% of the company’s stock.

About Karoon Energy

Karoon Energy Ltd operates as an oil and gas exploration and production company in Brazil, the United States, and Australia. It holds 100% interest in the Santos Basin located in the Sáo Paulo, Brazil. The company was formerly known as Karoon Gas Australia Ltd and changed its name to Karoon Energy Ltd in December 2018.