Baytex Announces Quarterly Dividend for April 2024
Source: www.gulfoilandgas.com 2/28/2024, Location: North America
Baytex Energy Corp. ("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 April 1, 2024 for shareholders of record on March 15, 2024.
The U.S. dollar equivalent amount is approximately US$0.0167 per share assuming a foreign exchange rate of 1.35 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.
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