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

Peyto Exploration & Development Corp. (OTCMKTS:PEYUF) announced a dividend on Wednesday, February 26th, investing.com reports. Investors 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 a positive change from Peyto Exploration & Development’s previous dividend of $0.08.

Peyto Exploration & Development Stock Down 3.1 %

Shares of Peyto Exploration & Development stock traded down $0.36 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. The firm’s fifty day simple moving average is $11.42 and its two-hundred day simple moving average is $11.23. Peyto Exploration & Development has a 52 week low of $7.88 and a 52 week high of $12.34.

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.