Pardee Resources Company: Special Dividend

Rhea-AI Summary

Pardee Resources Company (OTC: PDER) has declared a special year-end dividend of $15.00 per share, payable on December 23, 2021, to shareholders on record as of December 17, 2021. This dividend will be in addition to the company's regular quarterly dividends, showcasing its commitment to returning value to shareholders. The announcement reflects the company's financial health, although it also includes forward-looking statements that caution about potential risks and uncertainties affecting future results.

Positive

• Special year-end dividend of $15.00 per share announced.
• Dividend is in addition to regular quarterly dividends, indicating strong financial health.

Negative

• Forward-looking statements may contain risks and uncertainties that could impact future results.

PHILADELPHIA, Dec. 16, 2021 /PRNewswire/ -- Pardee Resources Company (OTC: PDER) (the "Company") announced today that its Board of Directors has declared a special year-end dividend of $15.00 per share payable on December 23, 2021 to shareholders of record on December 17, 2021. This special dividend will be in addition to the Company's regular quarterly dividends.  

In addition to historical statements, this press release contains statements relating to future events and our future results.  These statements are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995.  While these forward-looking statements represent our judgments and future expectations concerning our business, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from our expectations.  These factors include, but are not limited to, difficult economic conditions and other risks and uncertainties.  As a result, these forward-looking statements may turn out to be incorrect. We are under no obligation to (and expressly disclaim any obligation to) update or alter these forward-looking statements whether as a result of new information, future events or otherwise.

View original content:https://www.prnewswire.com/news-releases/pardee-resources-company-special-dividend-301447095.html

SOURCE Pardee Resources Company

FAQ

What is the amount of the special dividend declared by Pardee Resources Company?

Pardee Resources Company has declared a special dividend of $15.00 per share.

When will the special dividend be paid?

The special dividend will be paid on December 23, 2021.

What is the record date for the special dividend?

The record date for the special dividend is December 17, 2021.

Is the special dividend in addition to regular dividends?

Yes, the special dividend is in addition to the company's regular quarterly dividends.