InPlay Oil Corp. (OTCMKTS:IPOOF) Plans Dividend of $0.01

InPlay Oil Corp. (OTCMKTS:IPOOF) announced a dividend on Saturday, October 5th, investing.com reports. Shareholders of record on Wednesday, October 16th will be paid a dividend of 0.0111 per share on Thursday, October 31st. This represents a yield of 8.62%. The ex-dividend date is Tuesday, October 15th. This is a boost from InPlay Oil’s previous dividend of $0.01.

InPlay Oil Stock Performance

Shares of IPOOF opened at $1.56 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.75 and a current ratio of 1.00. InPlay Oil has a fifty-two week low of $1.42 and a fifty-two week high of $2.07. The firm has a 50 day moving average price of $1.55 and a 200-day moving average price of $1.64. The firm has a market cap of $142.41 million, a price-to-earnings ratio of 7.82 and a beta of 1.61.

InPlay Oil (OTCMKTS:IPOOF) last issued its earnings results on Wednesday, August 14th. The company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.01. The firm had revenue of $30.30 million for the quarter, compared to analysts’ expectations of $30.58 million. InPlay Oil had a net margin of 15.05% and a return on equity of 8.94%. As a group, equities research analysts forecast that InPlay Oil will post 0.16 earnings per share for the current year.

About InPlay Oil

InPlay Oil Corp. engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in Canada. The company produces and sells crude oil, natural gas, and natural gas liquids. It focuses on light oil asset base located in West Central, Alberta. InPlay Oil Corp.