Peyto Exploration Affirms September Dividend for Investors

Peyto Exploration & Development Corp. Confirms September Dividend
CALGARY, Alberta — Peyto Exploration & Development Corp. (TSX: PEY) has made an important announcement regarding its commitment to shareholders. The company has confirmed that a monthly dividend of $0.11 per common share will be distributed to its shareholders, demonstrating a continuation of its steady financial strategy. This amount is set to be paid on October 15 for shareholders recorded as of September 30.
Understanding Peyto's Dividend Payment
This monthly dividend reflects Peyto's ongoing dedication to providing value to its shareholders. The strategic decision to maintain this dividend underlines the company's focus on delivering returns amidst the fluctuating landscape of the energy sector. Dividends from Peyto are categorized as eligible dividends for Canadian residents, a point of interest for local investors.
Encouraging Shareholder Engagement
Peyto is committed to keeping its shareholders informed. Investors and stakeholders are encouraged to visit Peyto’s official website to gain deeper insights into the company's performance and strategies. The site features a monthly report authored by the President and CEO, discussing current operational matters and capital expenditures.
Contact Information for Inquiries
For additional information, shareholders can reach out directly to:
Jean-Paul Lachance
President and Chief Executive Officer
Phone: (403) 261-6081
Fax: (403) 451-4100
Email: info@peyto.com
Future Outlook for Peyto Exploration
As the energy market continues to evolve, Peyto Exploration & Development Corp. remains vigilant in its strategic planning. The company actively reassesses its operations and market position to enhance efficiency and shareholder value. Despite challenges typical of the energy sector, Peyto is mindful of economic conditions and commodity price volatility, aiming to remain a key player in its industry.
Exploring Sustainable Energy Solutions
Peyto is not just focused on immediate gains; it endeavors to explore sustainable methodologies and practices within its operations. The commitment to sustainable energy solutions aligns with global trends and growing demands for environmentally conscious production methods. Peyto aims to navigate the complexities of sustainability while maximizing returns for its investors.
Frequently Asked Questions
What is the amount of the monthly dividend announced by Peyto?
Peyto Exploration & Development Corp. has announced a monthly dividend of $0.11 per common share.
When will the dividend payment be made?
The dividend is scheduled to be paid on October 15, with shareholders of record on September 30 qualifying for the payment.
Are the dividends taxable for Canadian residents?
Yes, dividends paid by Peyto to Canadian residents are considered eligible dividends for income tax purposes.
How can shareholders obtain more information about Peyto?
Shareholders can visit Peyto's official website for detailed reports and insights about the company's performance and operations.
Who can be contacted for investor inquiries?
Investors can reach out to Jean-Paul Lachance, President and CEO, via phone or email for any inquiries.
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