Petrus Resources Offers Dividend and DRIP Participation Insights

Author: Owen Jenkins Updated: 03-03-2025 05:31 PM

Petrus Resources Announces Monthly Dividend

CALGARY, Alberta — Petrus Resources Ltd. (TSX: PRQ) is excited to share that its Board of Directors has declared a monthly dividend of $0.01 per share. This dividend will be payable on the final day of the month, and shareholders should ensure they are recorded by a specific date prior to payment.

Understanding the Dividend Reinvestment Plan

Petrus offers a Dividend Reinvestment Plan (DRIP) that allows shareholders to reinvest all or part of their received cash dividends into additional shares of the Company. This option is entirely voluntary for eligible shareholders. Those who opt for the DRIP will benefit from a 3% discount on shares purchased with their reinvested dividends.

How to Enroll in the DRIP

To join the DRIP, registered shareholders must submit a completed enrollment form to Odyssey Trust Company before a set deadline each month, specifically prior to the 5th business day before the dividend record date. This gives shareholders a great opportunity to enhance their investments without immediate cash outlay.

Guidance for Beneficial Shareholders

Beneficial shareholders should reach out to their brokers or the entity holding their shares to learn about their eligibility for participation and to receive detailed enrollment directions. It's essential to note that participation may be limited for those not residing within Canada.

Getting More Information on the DRIP

Interested shareholders can discover comprehensive details about the DRIP on the Company’s website. Additionally, Odyssey Trust Company offers enrollment forms and further information on their dedicated site. For any questions or clarifications, shareholders can contact Odyssey directly for assistance.

About Petrus Resources Ltd.

Petrus is a publicly traded oil and gas company operating primarily within Alberta, focusing on property exploitation, strategic acquisitions, and exploration with careful risk management. With a commitment to sustainable practices, Petrus aims to provide value to its shareholders while maintaining operational excellence.

Contact Information

If further information is required, please reach out to Ken Gray, President and CEO of Petrus Resources, via telephone or email as follows:

T: 403-930-0889

E: kgray@petrusresources.com

Frequently Asked Questions

What is the amount of the declared dividend per share?

The monthly dividend declared is $0.01 per share.

What is the dividend payment date?

The dividend payment date is the final day of the month, specifically March 31.

What is the purpose of the Dividend Reinvestment Plan?

The DRIP allows shareholders to reinvest their dividends into additional shares, enhancing their investment portfolio.

Who should I contact for more information about the DRIP?

Shareholders should contact Odyssey Trust Company for details regarding the DRIP and enrollment assistance.

What focus areas drive Petrus Resources' operations?

Petrus focuses on property exploitation, strategic acquisitions, and risk-managed exploration in the Canadian oil and gas sector.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

My love is teaching others about investing and personal finance. My goal in writing many books and articles has been to demystify financial ideas and give readers the information they need to make wise financial decisions. I write with a direct, useful style that emphasizes doable suggestions for daily living.

Along with writing, I lead webinars and seminars where I impart knowledge on how to successfully negotiate the financial world. I also write for financial journals and show up as a guest expert on financial news programs a lot. Whether they are new to investing or want to improve their approach, my mission is to enable people to take charge of their financial futures.

Beyond work, I like to hike, play the guitar, and spend time with my family. I think that balance is crucial and want to encourage people to strike a balance between their financial aspirations and their hobbies. I want to help people succeed and achieve financial security through my work, so having a good influence.

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