Peyto Exploration Declares Monthly Dividend Payment Details
Peyto Exploration & Development Corp. Monthly Dividend Update
Peyto Exploration & Development Corp. (TSX: PEY) has made an important announcement regarding their monthly dividend, affirming their commitment to providing value to shareholders. The company will pay a dividend of $0.11 per common share, aimed at enriching their investors. This payment underscores Peyto's dedication to financial stability and shareholder returns.
Details of the Dividend Payment
The designated payout date for this monthly dividend is March 14, 2025. Eligible shareholders will receive the dividend if they are on record by February 28, 2025. This ensures that those who are engaged and invested in the company's future are rewarded for their support.
Eligibility and Tax Information
For Canadian residents, the dividends distributed by Peyto qualify as eligible dividends under Canadian income tax regulations. This classification may offer favorable tax treatment to investors, enhancing the overall appeal of investing in Peyto Exploration.
Exploring Peyto's Operations
Peyto is recognized as one of North America's promising energy companies, focusing on sustainable practices while maximizing production efficiency. Their approach to exploration and development is strategic, balancing economic growth with environmental stewardship. Interested investors are encouraged to explore more about the company through their official website.
Monthly Reporting Insights
From their website, shareholders can access a monthly report that covers various topics curated by the President and CEO. This report includes vital information concerning capital expenditures and production forecasts, which are valuable for investors looking to gauge the company's direction and performance.
Contact Information for Investors
Peyto ensures that potential and current investors have the means to reach out for inquiries. Jean-Paul Lachance, the President and Chief Executive Officer, can be contacted directly for any questions regarding the company's operations or investment opportunities. The phone number for inquiries is (403) 261-6081, and the fax number is (403) 451-4100. Furthermore, investors can send their queries via email: info@peyto.com.
Frequently Asked Questions
What is the amount of the monthly dividend declared by Peyto?
The monthly dividend declared by Peyto Exploration & Development Corp. is $0.11 per common share.
When will the dividend be paid?
The dividend will be paid on March 14, 2025, to shareholders on record as of February 28, 2025.
Are the dividends eligible for Canadian tax purposes?
Yes, the dividends paid to Canadian residents by Peyto are classified as eligible dividends for tax purposes.
How can I learn more about Peyto's operations?
Investors can learn more about Peyto Exploration by visiting their official website, which offers comprehensive information about the company.
Who can I contact for more information?
For inquiries, you can contact Jean-Paul Lachance, the President and CEO, at (403) 261-6081 or via email at info@peyto.com.
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