Encana Corporation(ECA) is having a Dividend Yield of 0.47% with the Annual cash Dividend per share of $0.06. The last quarter cash dividend per share pay out was $0.02. Encana Corporation has a 5 year average dividend yield of 2.85% and the stock has a Indicated annual dividend of $0.06. Encana Corporation(ECA) formally announced its most recent dividend on November 4, 2016 with a Dividend per share of $0.02. The new indicated annual dividend based on announced dividend per share is $0.06. The dividend yield based on the forward looking indicated annual dividend is 0.47%. Encana Corporation(ECA) has the most recent dividend payout ratio of 0.5 with a 5-year average payout ratio of 1.21. The 5 year historical dividend growth of Encana Corporation(ECA) is at the rate of -44.22% while the R-Squared dividend growth is 0.83. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
Encana Corporation (NYSE:ECA) witnessed a decline in the market cap on Thursday as its shares dropped 2.66% or 0.34 points. After the session commenced at $12.52, the stock reached the higher end at $12.72 while it hit a low of $12.18. With the volume soaring to 23,372,906 shares, the last trade was called at $12.43. The company has a 52-week high of $13.85. The company has a market cap of $12,094 million and there are 973,000,000 shares in outstanding. The 52-week low of the share price is $3. Encana Corporation has lost 1.35% in the last five trading days and dropped 5.11% in the last 4 weeks. Encana Corporation is up 11.71% in the last 3-month period. Year-to-Date the stock performance stands at 5.88%.
Currently the company Insiders own 0.26% of Encana Corporation shares according to the proxy statements. Institutional Investors own 64.57% of Encana Corporation shares. Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Encana Corporation (USA) was Initiated by JP Morgan on Feb 15, 2017 to Overweight, Price Target of the shares are set at $16.Encana Corporation (USA) was Upgraded by Macquarie to Outperform on Jan 24, 2017. Encana Corporation (USA) was Upgraded by Societe Generale to Hold on Jan 11, 2017. Encana Corporation (USA) was Downgraded by KLR Group to Accumulate on Nov 28, 2016.
Encana Corporation (USA) Last issued its quarterly earnings results on Feb 16, 2017. The company reported $0.09 EPS for the quarter, beating the analyst consensus estimate by $ 0.08. Analyst had a consensus of $0.01.Analysts expectations of $ 759.71.During the same quarter in the previous year, the company posted $0.13 EPS.
EnCana Corporation is one of the worlds largest independent natural gas producers and gas storage operators.