TSX:PEYOil and Gas
Peyto Exploration And Development (TSX:PEY) Trades 13% Below Fair Value As Dividend Rises
Dividend hike puts Peyto Exploration & Development in focus
Peyto Exploration & Development (TSX:PEY) has drawn fresh attention after raising its monthly dividend by 9% to $0.12 per share. The increase is supported by record first quarter production, stronger funds from operations, and lower net debt.
See our latest analysis for Peyto Exploration & Development.
The dividend move comes after a mixed stretch for Peyto Exploration & Development’s stock, with a 1-day share price return of 1.43%...