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

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

Peyto Exploration & Development Price Performance

PEYUF stock traded down $0.36 during mid-day trading on Wednesday, reaching $11.36. 83,684 shares of the stock traded hands, compared to its average volume of 40,911. Peyto Exploration & Development has a 52-week low of $7.88 and a 52-week high of $12.34. The stock’s fifty day moving average is $11.42 and its 200-day moving average is $11.23.

Peyto Exploration & Development Company Profile

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.