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Tamarack Valley Energy raised its dividend, saw broker upgrades, and had insider buying, with stock at C$6.99 on Nov. 12.
Tamarack Valley Energy (TVE) saw multiple price target increases and rating upgrades from Canadian brokers, with several firms raising targets and maintaining "buy" or "outperform" ratings. The company announced a monthly dividend of C$0.0127 per share, yielding 2.2% annually, though its payout ratio is negative at -89.85%. Director Shannon Joseph acquired 16,129 shares on November 6 at C$6.32, boosting his stake by 72.66%. The stock traded at C$6.99 on November 12 with a market cap of C$3.44 billion.
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