STOCK TITAN

Baytex Announces Quarterly Dividend for January 2025

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends

Baytex Energy Corp (TSX: BTE) (NYSE: BTE) has declared a quarterly cash dividend of CDN$0.0225 per share, payable on January 2, 2025, to shareholders of record on December 13, 2024. The U.S. dollar equivalent is approximately US$0.0163 per share, assuming a foreign exchange rate of 1.38 CAD/US. The dividend qualifies as an 'eligible dividend' for Canadian tax purposes and a 'qualified dividend' for U.S. tax purposes, subject to applicable withholding taxes for non-Canadian residents.

Baytex Energy Corp (TSX: BTE) (NYSE: BTE) ha dichiarato un dividendo in contante trimestrale di CDN$0.0225 per azione, che sarà pagato il 2 gennaio 2025, agli azionisti registrati il 13 dicembre 2024. L'equivalente in dollari statunitensi è di circa US$0.0163 per azione, assumendo un tasso di cambio di 1.38 CAD/US. Il dividendo è classificato come 'dividendo idoneo' per le tasse canadesi e come 'dividendo qualificato' per le tasse statunitensi, soggetto alle imposte di ritenuta applicabili per i residenti non canadesi.

Baytex Energy Corp (TSX: BTE) (NYSE: BTE) ha declarado un dividendo en efectivo trimestral de CDN$0.0225 por acción, que se pagará el 2 de enero de 2025, a los accionistas registrados el 13 de diciembre de 2024. El equivalente en dólares estadounidenses es aproximadamente US$0.0163 por acción, suponiendo una tasa de cambio de 1.38 CAD/US. El dividendo califica como un 'dividendo elegible' para fines fiscales canadienses y como un 'dividendo calificado' para fines fiscales estadounidenses, sujeto a las retenciones fiscales aplicables para residentes no canadienses.

베이텍스 에너지 주식회사 (TSX: BTE) (NYSE: BTE)는 CDN$0.0225의 분기 현금 배당금을 선언했으며, 이는 2025년 1월 2일에 지급되고, 2024년 12월 13일 기준의 주주에게 지급될 예정입니다. 미국 달러로 환산하면, 약 US$0.0163로, 1.38 CAD/US의 환율을 기준으로 합니다. 이 배당금은 캐나다의 세금 목적상 '적격 배당금'으로, 미국의 세금 목적상 '자격 있는 배당금'으로 분류되며, 비캐나다 거주자에 대한 적용 가능한 원천징수세의 적용을 받습니다.

Baytex Energy Corp (TSX: BTE) (NYSE: BTE) a déclaré un dividende en espèces trimestriel de CDN$0.0225 par action, payable le 2 janvier 2025, aux actionnaires enregistrés le 13 décembre 2024. L'équivalent en dollar américain est d'environ US$0.0163 par action, en supposant un taux de change de 1.38 CAD/US. Le dividende est qualifié de 'dividende éligible' aux fins fiscales canadiennes et de 'dividende qualifié' aux fins fiscales américaines, sous réserve des impôts de retenue applicables pour les résidents non canadiens.

Baytex Energy Corp (TSX: BTE) (NYSE: BTE) hat eine vierteljährliche Bar-Dividende von CDN$0.0225 pro Aktie erklärt, die am 2. Januar 2025 an die Aktionäre ausgezahlt wird, die am 13. Dezember 2024 registriert sind. Der US-Dollar-Äquivalentbetrag beträgt ungefähr US$0.0163 pro Aktie, basierend auf einem Wechselkurs von 1.38 CAD/US. Die Dividende qualifiziert sich als 'berechtigtes Dividende' für kanadische Steuerzwecke und als 'qualifizierte Dividende' für US-amerikanische Steuerzwecke, vorbehaltlich der anwendbaren Quellensteuern für Nicht-Kanadier.

Positive
  • Regular quarterly dividend payment demonstrates stable cash flow distribution to shareholders
  • Dual-listed status on TSX and NYSE provides broader market access and liquidity
Negative
  • Low dividend amount indicates cash distribution to shareholders

Calgary, Alberta--(Newsfile Corp. - October 31, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "company") announces that its Board of Directors has declared a quarterly cash dividend of CDN$0.0225 per share to be paid on January 2, 2025 for shareholders of record on December 13, 2024.

The U.S. dollar equivalent amount is approximately US$0.0163 per share assuming a foreign exchange rate of 1.38 CAD/US. Payments to shareholders who are not residents of Canada will be net of any Canadian withholding taxes that may be applicable. This dividend is designated an "eligible dividend" for Canadian tax purposes and is considered a "qualified dividend" for U.S. income tax purposes.

Baytex Energy Corp.

Baytex Energy Corp. is an energy company with headquarters based in Calgary, Alberta and offices in Houston, Texas. The company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Baytex's common shares trade on the Toronto Stock Exchange and the New York Stock Exchange under the symbol BTE.

For further information about Baytex, please visit our website at www.baytexenergy.com or contact:

Brian Ector, Senior Vice President, Capital Markets and Investor Relations

Toll Free Number: 1-800-524-5521
Email: investor@baytexenergy.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/228481

FAQ

What is Baytex Energy's (BTE) dividend amount for January 2025?

Baytex Energy's dividend for January 2025 is CDN$0.0225 per share (approximately US$0.0163).

When is the record date for Baytex Energy's (BTE) January 2025 dividend?

The record date for Baytex Energy's January 2025 dividend is December 13, 2024.

When will Baytex Energy (BTE) pay its next quarterly dividend?

Baytex Energy will pay its next quarterly dividend on January 2, 2025.

Is Baytex Energy's (BTE) dividend qualified for tax purposes?

Yes, the dividend is designated as an 'eligible dividend' for Canadian tax purposes and a 'qualified dividend' for U.S. tax purposes.

Baytex Energy Corp.

NYSE:BTE

BTE Rankings

BTE Latest News

BTE Stock Data

2.81B
821.32M
0.83%
40.44%
6.5%
Oil & Gas E&P
Energy
Link
United States of America
Calgary