Shares of Peyto Exploration & Development Corp. (OTCMKTS:PEYUF – Get Free Report) dropped 1.3% during trading on Friday . The stock traded as low as $11.32 and last traded at $11.34. Approximately 29,337 shares traded hands during trading, a decline of 70% from the average daily volume of 97,399 shares. The stock had previously closed at $11.49.
Peyto Exploration & Development Stock Down 1.3 %
The stock’s fifty day moving average price is $11.35 and its two-hundred day moving average price is $10.97.
Peyto Exploration & Development Cuts Dividend
The firm also recently declared a dividend, which will be paid on Friday, December 13th. Shareholders of record on Monday, December 2nd will be given a dividend of $0.0781 per share. The ex-dividend date is Friday, November 29th. This represents a yield of 7.65%. Peyto Exploration & Development’s payout ratio 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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