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

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

Peyto Exploration & Development Trading Up 1.1 %

Shares of PEYUF stock opened at $10.84 on Friday. Peyto Exploration & Development has a one year low of $7.88 and a one year high of $12.34. The company has a fifty day moving average price of $11.37 and a two-hundred day moving average price of $11.23.

Peyto Exploration & Development Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, March 14th. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.0776 per share. 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’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.