Baytex Announces Quarterly Dividend for October 2024
Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) has declared a quarterly cash dividend of CDN$0.0225 per share, payable on October 1, 2024, for shareholders of record on September 16, 2024. The U.S. dollar equivalent is approximately US$0.0163 per share, assuming a foreign exchange rate of 1.38 CAD/US. This dividend is designated an "eligible dividend" for Canadian tax purposes and a "qualified dividend" for U.S. income tax purposes. Baytex Energy Corp. is an energy company focused on crude oil and natural gas acquisition, development, and production in the Western Canadian Sedimentary Basin and the Eagle Ford in the United States.
Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ha dichiarato un dividendo in contante trimestrale di CDN$0.0225 per azione, che sarà pagato il 1 ottobre 2024, agli azionisti registrati il 16 settembre 2024. L'equivalente in dollari statunitensi è di circa US$0.0163 per azione, assumendo un tasso di cambio di 1.38 CAD/US. Questo dividendo è designato come
- Consistent dividend payment demonstrates financial stability
- Dividend qualifies for tax benefits in both Canada and the U.S.
- Diversified operations across Canadian and U.S. oil and gas regions
- Relatively low dividend amount may not significantly impact shareholder returns
- Foreign exchange rate fluctuations could affect U.S. dollar equivalent of dividend
Calgary, Alberta--(Newsfile Corp. - July 25, 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
The U.S. dollar equivalent amount is approximately US
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/217705
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