Petrus Resources Declares Monthly Dividend for Shareholders
Petrus Resources Ltd. is thrilled to announce that its Board of Directors has made a significant decision regarding shareholder dividends.
Details of the Declared Dividend
The dividend amount has been set at $0.01 per share. This decision showcases the company's ongoing commitment to providing value to its shareholders. The payment date for the dividend is scheduled for November 29, with shareholders of record on November 15 being eligible.
Understanding Eligible Dividends
This declared dividend is designated as an eligible dividend for Canadian income tax purposes. This means that shareholders in Canada may benefit from a more favorable tax treatment, making it an attractive option for investors.
About Petrus Resources Ltd.
Petrus Resources, based in Canada, continues to make strides in the oil and gas sector. The company prioritizes property exploitation, carefully executes strategic acquisitions, and engages in risk-managed exploration across Alberta. This focus positions Petrus well in a competitive market, enhancing its potential for future growth.
Contact Information for Further Details
If you have any questions or need further clarification regarding the recent dividend announcement, you can reach out to Ken Gray, President and Chief Executive Officer of Petrus Resources Ltd. Ken is available at 403-930-0889 or via email for any inquiries.
Frequently Asked Questions
What is the amount of the declared dividend?
The declared dividend is $0.01 per share.
When will the dividend be paid?
The dividend is scheduled to be paid on November 29.
Who is eligible to receive the dividend?
Shareholders on record as of November 15 will be eligible to receive the dividend.
How is the dividend classified for tax purposes?
The dividend is designated as an eligible dividend for Canadian income tax purposes.
Who can I contact for more information?
For further information, you can contact Ken Gray at 403-930-0889 or email kgray@petrusresources.com.