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

MEG Energy Corp. (OTCMKTS:MEGEF) declared a dividend on Tuesday, March 18th, investing.com reports. Stockholders of record on Friday, March 21st will be given a dividend of 0.0693 per share on Tuesday, April 15th. This represents a dividend yield of 1.61%. The ex-dividend date of this dividend is Thursday, March 20th.

MEG Energy Stock Performance

Shares of OTCMKTS MEGEF opened at $17.20 on Tuesday. MEG Energy has a twelve month low of $13.78 and a twelve month high of $24.59. The company has a 50 day moving average of $16.27 and a 200 day moving average of $17.47.

MEG Energy Company Profile

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.