Alvopetro Energy Ltd. Declares Quarterly Dividend of $0.09 (OTCMKTS:ALVOF)

Alvopetro Energy Ltd. (OTCMKTS:ALVOF) declared a quarterly dividend on Tuesday, December 17th,NASDAQ Dividends reports. Shareholders of record on Tuesday, December 31st will be given a dividend of 0.09 per share on Wednesday, January 15th. This represents a $0.36 dividend on an annualized basis and a yield of 10.00%. The ex-dividend date of this dividend is Tuesday, December 31st.

Alvopetro Energy Stock Performance

OTCMKTS ALVOF opened at $3.60 on Friday. Alvopetro Energy has a 52-week low of $2.85 and a 52-week high of $5.09. The company has a fifty day moving average of $3.45 and a 200-day moving average of $3.55. The company has a market capitalization of $131.43 million, a P/E ratio of 9.23 and a beta of 0.14. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.10 and a current ratio of 2.10.

About Alvopetro Energy

Alvopetro Energy Ltd. operates as an independent upstream and midstream operator. It engages in the acquisition, exploration, development, and production of hydrocarbons. The company 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.