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

Peyto Exploration & Development (OTCMKTS:PEYUF) is anticipated 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 Stock Down 4.8 %

OTCMKTS PEYUF opened at $10.49 on Tuesday. Peyto Exploration & Development has a 1-year low of $7.88 and a 1-year high of $12.34. The firm’s fifty day simple moving average is $11.42 and its 200-day simple moving average is $11.23.

Peyto Exploration & Development Increases Dividend

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