Gibson Energy Inc. (TSE:GEI) announced a quarterly dividend on Wednesday, June 28th, TickerTech reports. Shareholders of record on Monday, July 17th will be paid a dividend of 0.33 per share on Monday, July 17th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 7.62%. The ex-dividend date of this dividend is Wednesday, June 28th.
Shares of Gibson Energy (GEI) traded up 1.05% during midday trading on Friday, hitting $17.33. 150,618 shares of the company’s stock were exchanged. The stock’s 50-day moving average price is $18.20 and its 200 day moving average price is $18.85. Gibson Energy has a one year low of $13.95 and a one year high of $20.31. The firm’s market cap is $2.47 billion.
GEI has been the topic of several recent analyst reports. CIBC cut their price objective on shares of Gibson Energy from C$20.00 to C$19.00 in a report on Wednesday, May 10th. Canaccord Genuity increased their price objective on shares of Gibson Energy from C$21.50 to C$22.00 in a report on Thursday, March 9th. TD Securities increased their price objective on shares of Gibson Energy from C$19.00 to C$20.00 and gave the stock a “hold” rating in a report on Thursday, March 9th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Gibson Energy in a report on Tuesday, May 9th. Finally, Scotiabank reiterated a “sector perform” rating and set a C$18.50 price objective on shares of Gibson Energy in a report on Wednesday, March 8th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of C$19.85.
Gibson Energy Company Profile
Gibson Energy Inc is a Canada-based integrated service provider to the oil and gas industry with operations across producing regions throughout North America. The Company is engaged in the movement, storage, blending, processing, marketing and distribution of crude oil, condensate, natural gas liquids (NGLs), water, oilfield waste and refined products.
This story was originally published by sleekmoney (https://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://sleekmoney.com/gibson-energy-inc-gei-plans-0-33-quarterly-dividend/1935455.html
Receive News & Ratings for Gibson Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gibson Energy Inc. and related companies with MarketBeat.com's FREE daily email newsletter.