Peyto Exploration Declares Consistent Dividend for Investors
Peyto Exploration & Development Corp. Announces Monthly Dividend
Peyto Exploration & Development Corp. (TSX: PEY) has officially announced that its monthly dividend for September will be distributed to shareholders on October 15, 2024. The dividend amount is set at $0.11 per common share, and this will be applicable for those who are on the shareholder register by September 30, 2024.
Understanding Canadian Eligible Dividends
For shareholders residing in Canada, it is important to note that the dividends issued by Peyto are classified as eligible dividends for Canadian income tax purposes. This classification can offer a more favorable tax treatment, making it an attractive option for investors in the region.
Explore More About Peyto
The company encourages shareholders and prospective investors to delve deeper into Peyto's operations and offerings by visiting their official website. There, one can uncover a variety of insightful information about their strategies, operational goals, and the exciting prospects that lie ahead in the energy industry.
Monthly Reports and Financial Insights
Peyto also provides a comprehensive monthly report that covers various topics of interest, often curated by the company's President and CEO. These reports regularly address critical aspects such as capital expenditures and production estimates, giving stakeholders a clearer picture of the company’s financial landscape.
Contact Information for Investors
For those looking for further clarification or details regarding investments and dividends, the management invites inquiries. Jean-Paul Lachance, the President and Chief Executive Officer, is available for communication. Investors can reach out via phone at (403) 261-6081, or through fax at (403) 451-4100. For electronic communication, interested parties can email info@peyto.com.
Frequently Asked Questions
What is the amount of the monthly dividend declared by Peyto?
The monthly dividend for September 2024 is set at $0.11 per common share.
When will the dividend be paid?
The dividend will be paid on October 15, 2024, for shareholders on record by September 30, 2024.
Are Peyto's dividends eligible for Canadian tax purposes?
Yes, dividends paid by Peyto to Canadian residents are categorized as eligible dividends for income tax purposes.
Who can I contact for more information about Peyto?
Investors can contact Jean-Paul Lachance, the President and CEO, at (403) 261-6081 or via email at info@peyto.com.
Where can I find more information about Peyto's monthly activities?
Peyto provides detailed monthly reports on their website, which includes valuable information about management's insights and updates on capital expenditures.
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