Pardee Resources Company: Special Dividend

Rhea-AI Summary

Pardee Resources Company (OTC: PDER) has declared a special year-end dividend of $20.00 per share. This dividend will be paid on December 22, 2022, to shareholders on record by December 16, 2022. This special dividend complements the company's regular quarterly dividends, demonstrating its commitment to returning value to shareholders.

The declaration reflects the company’s robust financial position, though shareholders should stay alert to potential risks indicated in forward-looking statements regarding economic conditions.

Positive

• Announcement of a special dividend of $20.00 per share.
• Dividend payment date set for December 22, 2022.
• Special dividend in addition to regular quarterly dividends.

Negative

• Forward-looking statements indicate potential risks and uncertainties affecting future results.

PHILADELPHIA, Dec. 15, 2022 /PRNewswire/ -- Pardee Resources Company (OTC: PDER) (the "Company") announced today that its Board of Directors has declared a special year-end dividend of $20.00 per share payable on December 22, 2022 to shareholders of record on December 16, 2022. 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-301704750.html

SOURCE Pardee Resources Company

FAQ

What is the dividend amount declared by Pardee Resources Company?

Pardee Resources Company has declared a special dividend of $20.00 per share.

When will the special dividend be paid?

The special dividend will be paid on December 22, 2022.

What is the record date for the special dividend?

The record date for the special dividend is December 16, 2022.

Is the special dividend in addition to regular dividends?

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

What should investors consider regarding the special dividend?

Investors should consider potential risks and uncertainties mentioned in the forward-looking statements.