Peyto Exploration & Development Corp. Announces Monthly Dividend
Peyto Exploration & Development Corp. (TSX: PEY) has announced that shareholders will receive the monthly dividend for September on October 15, 2024. The dividend amount is set at $0.11 per common share. This will apply to those listed on the shareholder register by September 30, 2024.
Understanding Canadian Eligible Dividends
If you're a shareholder in Canada, it’s crucial to know that the dividends distributed by Peyto are designated as eligible dividends for Canadian income tax purposes. This status can provide more favorable tax treatment, making it an appealing choice for investors in Canada.
Explore More About Peyto
The company encourages both current shareholders and potential investors to learn more about Peyto's operations and offerings by visiting their official website. There, you’ll find a wealth of information regarding their strategies, operational objectives, and the promising opportunities that await in the energy sector.
Monthly Reports and Financial Insights
Peyto also releases a detailed monthly report that covers a variety of topics of interest, often prepared by the company's President and CEO. These reports regularly discuss key elements like capital expenditures and production forecasts, helping stakeholders gain a better understanding of the company's financial position.
Contact Information for Investors
For those seeking clarification or more information about investments and dividends, the management welcomes inquiries. Jean-Paul Lachance, the President and Chief Executive Officer, is available for contact. You can reach him by phone at (403) 261-6081, via fax at (403) 451-4100, or through email at 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 distributed on October 15, 2024, to those shareholders who are on the record by September 30, 2024.
Are Peyto's dividends eligible for Canadian tax purposes?
Yes, dividends paid by Peyto to residents of Canada are classified as eligible dividends for income tax purposes.
Who can I contact for more information about Peyto?
If you need more information, you 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 offers comprehensive monthly reports on their website, which include valuable insights from management and updates regarding capital expenditures.