Torc Oil And Gas Ltd (TOG) to Issue $0.02 Monthly Dividend

Torc Oil And Gas Ltd (TSE:TOG) announced a monthly dividend on Tuesday, July 18th, Zacks reports. Stockholders of record on Monday, July 31st will be paid a dividend of 0.02 per share on Tuesday, August 15th. This represents a $0.24 annualized dividend and a dividend yield of 4.47%. The ex-dividend date of this dividend is Thursday, July 27th.

Shares of Torc Oil And Gas (TOG) traded up 0.75% during mid-day trading on Friday, hitting $5.37. 320,098 shares of the stock traded hands. The stock has a 50-day moving average of $5.27 and a 200-day moving average of $6.14. Torc Oil And Gas has a 52 week low of $4.43 and a 52 week high of $8.91. The company’s market cap is $1.01 billion.

A number of equities analysts have weighed in on TOG shares. Royal Bank Of Canada boosted their target price on shares of Torc Oil And Gas from C$7.00 to C$10.00 in a research note on Thursday, July 20th. National Bank Financial lifted their price target on shares of Torc Oil And Gas from C$7.75 to C$8.25 and gave the stock an “outperform” rating in a research report on Thursday, August 3rd. Five research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and a consensus price target of C$10.21.

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Torc Oil And Gas Company Profile

TORC Oil and Gas Ltd. (TORC), formerly Vero Energy Inc (Vero), is a Canada-based company. The Company is engaged in the acquisition, exploration, development and production of crude oil and natural gas assets.The Company is engaged in drilling activities. TORC uses its technical, technological and industry knowledge to evaluate potential hydrocarbon .

Dividend History for Torc Oil And Gas (TSE:TOG)

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