Peyto Exploration & Development Corp. (OTCMKTS:PEYUF) to Issue Dividend of $0.08

Peyto Exploration & Development Corp. (OTCMKTS:PEYUF) declared 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 an increase from Peyto Exploration & Development’s previous dividend of $0.08.

Peyto Exploration & Development Trading Down 3.1 %

Shares of Peyto Exploration & Development stock traded down $0.36 on Wednesday, hitting $11.36. 83,684 shares of the company were exchanged, compared to its average volume of 40,911. Peyto Exploration & Development has a 1-year low of $7.88 and a 1-year high of $12.34. The company has a 50-day moving average price of $11.42 and a 200 day moving average price of $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.