Alvopetro Energy Ltd. (ALVOF) to Issue Quarterly Dividend of $0.09 on October 15th

Alvopetro Energy Ltd. (OTCMKTS:ALVOF) declared a quarterly dividend on Monday, September 16th, NASDAQ reports. Stockholders of record on Monday, September 30th will be given a dividend of 0.09 per share on Tuesday, October 15th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 9.57%. The ex-dividend date of this dividend is Monday, September 30th.

Alvopetro Energy Trading Up 1.1 %

OTCMKTS:ALVOF opened at $3.76 on Wednesday. The firm’s 50 day moving average is $3.62 and its 200 day moving average is $3.58. Alvopetro Energy has a 12 month low of $2.85 and a 12 month high of $7.14. The stock has a market capitalization of $137.68 million, a PE ratio of 6.84 and a beta of 0.19. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 0.09.

Alvopetro Energy (OTCMKTS:ALVOF) last issued its quarterly earnings results on Wednesday, August 7th. The company reported $0.06 EPS for the quarter. Alvopetro Energy had a return on equity of 25.22% and a net margin of 26.72%. The firm had revenue of $10.67 million for the quarter.

Alvopetro Energy Company Profile

Alvopetro Energy Ltd. engages in the acquisition, exploration, development, and production of hydrocarbons. It holds interests in the Caburé and Murucututu natural gas assets, Block 182 and 183 exploration assets, and Bom Lugar and Mãe-da-lua oil fields, which covers an area of approximately 22,166 acres in the Recôncavo basin onshore Brazil.