Shares of Peyto Exploration & Development Corp. (OTCMKTS:PEYUF – Get Free Report) shot up 2.5% during mid-day trading on Monday . The stock traded as high as $11.21 and last traded at $11.20. 229,026 shares traded hands during mid-day trading, an increase of 140% from the average session volume of 95,331 shares. The stock had previously closed at $10.93.
Peyto Exploration & Development Price Performance
The firm has a 50 day moving average of $11.01 and a 200-day moving average of $10.91.
Peyto Exploration & Development Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Friday, November 15th. Investors of record on Friday, November 1st will be issued a dividend of $0.0797 per share. This represents a dividend yield of 8.66%. The ex-dividend date of this dividend is Thursday, October 31st. Peyto Exploration & Development’s dividend payout ratio (DPR) is 74.96%.
About Peyto Exploration & Development
Peyto Exploration & Development Corp., an energy company, engages in the exploration, development, and production of natural gas, oil, and natural gas liquids in Deep Basin of Alberta. The company was formerly known as Peyto Energy Trust and changed its name to Peyto Exploration & Development Corp.
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