Peyto Exploration & Development Corp. (OTCMKTS:PEYUF) to Issue 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 of this dividend is Friday, February 28th. This is a positive change from Peyto Exploration & Development’s previous dividend of $0.08.

Peyto Exploration & Development Stock Performance

Shares of Peyto Exploration & Development stock traded down $0.36 during trading on Wednesday, reaching $11.36. The company’s stock had a trading volume of 83,684 shares, compared to its average volume of 40,911. Peyto Exploration & Development has a fifty-two week low of $7.88 and a fifty-two week high of $12.34. The company has a 50-day moving average price of $11.42 and a two-hundred day moving average price of $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.