Peyto Exploration Declares Upcoming Monthly Dividend Payment
Peyto Exploration & Development Corp. Announces Monthly Dividend
Peyto Exploration & Development Corp. (TSX: PEY) has officially announced its plans for the upcoming monthly dividend. This dividend, set at $0.11 per common share, is scheduled to be distributed on November 15, ensuring that shareholders continue to reap rewards from their investments.
Dividends and Tax Implications
For Canadian residents, the dividends paid by Peyto are classified as eligible dividends for income tax purposes. This classification can provide favorable tax treatment, which is beneficial to shareholders receiving these returns on their investment.
Engagement with Investors
Shareholders and potential investors are encouraged to explore Peyto's corporate website. The site is a valuable resource that details what makes Peyto one of the most compelling energy companies in North America. It offers insights into operational updates, management discussions, and key monthly reports, crafted by the President and CEO, which cover critical aspects such as capital expenditures and production estimates.
Management Contact Information
For any inquiries or additional information, Jean-Paul Lachance, President and Chief Executive Officer of Peyto, is available for contact. Shareholders can reach him at (403) 261-6081. Fax inquiries can be sent to (403) 451-4100. Additionally, for direct communication, an email can be sent to info@peyto.com.
Understanding Forward-Looking Statements
It's essential to understand that certain statements regarding Peyto's future strategies involve risks and uncertainties. Factors such as economic conditions, commodity price volatility, and operational challenges can affect the company's performance. Stakeholders are advised that the outcomes discussed in these forward-looking statements may differ from actual results. This highlights the importance of cautious consideration of these statements when assessing investment potential.
Frequently Asked Questions
What is the upcoming dividend payment date for Peyto?
The next dividend payment date for Peyto Exploration is set for November 15, 2024.
How much is the monthly dividend?
The monthly dividend is $0.11 per common share.
Are dividends taxed differently for Canadian residents?
Yes, dividends paid by Peyto are eligible dividends, which means they can receive favorable tax treatment for Canadian residents.
How can shareholders stay informed about Peyto?
Shareholders can visit Peyto's official website for thorough updates, reports, and the latest information on company performance.
Who should I contact for more information about Peyto?
For detailed inquiries, shareholders can reach out to Jean-Paul Lachance, the President and CEO, at (403) 261-6081 or via email at info@peyto.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
Related Articles
- Marwest Apartment REIT Declares Monthly Cash Distribution
- Preferred Bank's Upcoming Q3 Earnings: What to Expect
- Teck Resources’ Upcoming Earnings Call: What to Expect
- Voya Funds Reveal October 2024 Monthly Distribution Details
- CAPREIT Declares Monthly Distribution for October 2024
- BSR REIT Declares October 2024 Cash Distribution Details
- Minto Apartment REIT Declares October 2024 Cash Distribution
- Peyto Exploration & Development Corp. Declares Upcoming Dividend
- CAPREIT's Monthly Distribution Update for October 2024
- FEMSA Announces Upcoming Third Quarter Results Conference Call
Recent Articles
- Gleim Exam Prep Announces Sponsorship of AARE Conference
- European Residential REIT Announces October Cash Distribution
- CAPREIT Declares Monthly Distribution for October 2024
- Biodexa Pharmaceuticals BDRX Shares Surge on Compliance News
- FEMSA Invites Participation in Quarterly Results Call
- Unlocking a New Experience: PAX's Advanced ERA Vape System
- Investigation Alerts for Shareholders: Key Company Updates
- Hemp Industry Faces Uncertainty Amid Regulatory Changes
- Sparton Resources Grows in VRB Energy Partnership with Red Sun
- Exciting Luxury Living: The Landing at Lakewood Harbour
- Aurora Spine Unveils Hydra Osteo Onyx Lumbar System for Patients
- MARA Secures Substantial $200 Million Credit Line for Growth
- BSR REIT Declares October 2024 Cash Distribution Details
- Exciting Updates from Carriage Services for Q3 Earnings Call
- Vegan Cosmetics Market Set for Growth Amid Consumer Trends
- Minto Apartment REIT Declares October 2024 Cash Distribution
- Brock Group Welcomes Shenna Bradshaw as General Counsel
- Killam Apartment REIT Announces Strategic Reorganization Plans
- Exploring KBRA's Preliminary Ratings for ROCK Securitization
- Corrosion and Scale Inhibitors Market Growth Driven by AI
- First Capital REIT Reveals October Distribution Details
- Investigation Launched into Iris Energy Limited for Investors’ Rights
- ARS/Rescue Rooter's Initiative: Supporting Communities in Crisis
- Transforming a $1000 Investment into $24,000: The EQT Journey
- The Growth Journey of Insmed: A $100 Investment Analysis
- Support for Hurricane Milton Relief from Sun Life U.S. and DentaQuest
- Iris Energy Limited Faces Scrutiny: What Investors Should Know
- Celebrate Our Feline Friends on Cat Awareness Days
- Growth Projections for Robotic Flexible Washer Market 2024-2028
- Revolutionizing Digital Learning: Market Insights and Trends
- All Hands and Hearts Launches Recovery Program After Hurricanes
- Dairy Food Market Growth Forecast: USD 88.1 Billion Surge Ahead
- Fencing Equipment Cost and Market Trends for the Future
- ValOre Metals Unveils High-Grade PGE Discoveries in Brazil
- First Commonwealth to Discuss Third Quarter 2024 Results Soon
- Peyto Exploration & Development Corp. Declares Upcoming Dividend
- Terra Clean Energy's Strategic Drilling at South Falcon East Uranium Project
- ERES REIT Announces October Cash Distribution for Investors
- CAPREIT's Monthly Distribution Update for October 2024
- FEMSA Announces Upcoming Third Quarter Results Conference Call
- Robert Half Sets Date for Upcoming Third-Quarter Earnings Call
- The Landing at Lakewood Harbour: A Luxurious Lakeview Escape
- Understanding the Surge in NNN REIT's Short Interest
- AtomVie and Radiopharm Join Forces for Cancer Treatment Innovation
- Understanding the Current Market Position of noco-noco NCNC
- Insights into Market Sentiment for Micron Technology Shares
- Consolidated Chassis Management Welcomes New Leadership
- American Financial Group Plans Conference Call for Q3 Results
- Analyzing GameStop's Rising Short Interest Trends
- U.S. Army Chooses ARRIS® Composites for Innovative Boot Study