Peyto Exploration & Development (PEYUF) Projected to Post Earnings on Tuesday

Peyto Exploration & Development (OTCMKTS:PEYUF) is expected to be posting its quarterly earnings results before the market opens on Tuesday, March 11th. Analysts expect Peyto Exploration & Development to post earnings of $0.34 per share and revenue of $240.73 million for the quarter.

Peyto Exploration & Development Stock Performance

Peyto Exploration & Development stock opened at $10.84 on Monday. Peyto Exploration & Development has a 1 year low of $7.88 and a 1 year high of $12.34. The firm has a 50 day moving average price of $11.37 and a 200 day moving average price of $11.23.

Peyto Exploration & Development Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, March 14th. Investors of record on Monday, March 3rd will be issued a $0.0776 dividend. This represents a yield of 8.2%. This is an increase from Peyto Exploration & Development’s previous dividend of $0.08. The ex-dividend date is Friday, February 28th. Peyto Exploration & Development’s payout ratio is presently 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.