Peyto Exploration & Development Corp. Announces Dividend Plans
Peyto Exploration & Development Corp. Announces Monthly Dividend
Peyto Exploration & Development Corp. (TSX: PEY) has confirmed an exciting announcement regarding its upcoming monthly dividend. The company will distribute a dividend of $0.11 per common share, which will be paid out to shareholders on February 14, 2025. This payment is specifically intended for those on record as of January 31, 2025.
Understanding Eligible Dividends
The dividends issued by Peyto are categorized as eligible dividends for Canadian residents, which provides certain tax advantages. This benefit makes it an appealing option for investors looking to maximize their returns.
Investing in Peyto: A Smart Choice
For those interested in the energy sector, Peyto Exploration & Development Corp. stands out as one of North America's notable companies. Investors are encouraged to explore many features of Peyto's operations and plans through their official website. The site provides insights into Peyto's market strategies, including their monthly report that offers perspectives from the President and CEO, as well as insights into capital expenditures and production forecasts.
Engaging with Peyto's Leadership
Individuals seeking more detailed information are welcome to reach out to Peyto’s leadership. Jean-Paul Lachance, the company’s President and CEO, is available for inquiries. Their contact details are as follows:
Jean-Paul Lachance
President and Chief Executive Officer
Phone: (403) 261-6081
Fax: (403) 451-4100
Email: info@peyto.com
Resilience in the Energy Sector
Peyto has showcased resilience in the fluctuating energy market, continuing to produce and maintain robust financial performance. The company is well-prepared to address market challenges while exploring new opportunities for growth.
Looking Ahead with Confidence
As the energy industry evolves, Peyto's commitment to its shareholders remains unwavering. The forthcoming dividend payment is a testament to this commitment and reflects the firm’s continuous efforts to ensure shareholder value. Investors are reminded to stay informed of the developments regarding Peyto, as it remains focused on strategic growth and stability in its operations.
Frequently Asked Questions
What is the amount of the monthly dividend declared by Peyto?
Peyto Exploration & Development Corp. has declared a monthly dividend of $0.11 per common share.
When will the dividend be paid?
The dividend is set to be paid on February 14, 2025, for shareholders on record as of January 31, 2025.
How are Peyto's dividends classified for tax purposes?
The dividends issued by Peyto are classified as eligible dividends for Canadian income tax purposes.
Who can I contact for more information about Peyto?
For inquiries, you can reach Jean-Paul Lachance, the President and CEO of Peyto, at (403) 261-6081 or via email at info@peyto.com.
Where can I find more information about Peyto's operations?
For additional details about Peyto's operations and financials, visit their official website, where you can access monthly reports and strategic insights regarding the company's performance.
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