Peyto Exploration & Development Corp. (OTCMKTS:PEYUF) Declares Dividend Increase – $0.08 Per Share

Peyto Exploration & Development Corp. (OTCMKTS:PEYUF) announced a dividend on Wednesday, February 26th, investing.com reports. Shareholders of record on Monday, March 3rd will be given a dividend of 0.0776 per share on Friday, March 14th. This represents a yield of 8.2%. The ex-dividend date is Friday, February 28th. This is a boost from Peyto Exploration & Development’s previous dividend of $0.08.

Peyto Exploration & Development Stock Performance

Shares of PEYUF traded down $0.36 during mid-day trading on Wednesday, reaching $11.36. 83,684 shares of the company’s stock traded hands, compared to its average volume of 40,911. Peyto Exploration & Development has a 12 month low of $7.88 and a 12 month high of $12.34. The business’s 50-day moving average price is $11.42 and its 200-day moving average price is $11.23.

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.