Peyto Exploration & Development (OTCMKTS:PEYUF) Trading 2.5% Higher – Time to Buy?

Peyto Exploration & Development Corp. (OTCMKTS:PEYUFGet Free Report) traded up 2.5% during mid-day trading on Monday . The company traded as high as $11.21 and last traded at $11.20. 229,026 shares traded hands during trading, an increase of 140% from the average session volume of 95,331 shares. The stock had previously closed at $10.93.

Peyto Exploration & Development Stock Performance

The firm has a 50 day moving average price of $11.01 and a two-hundred day moving average price of $10.91.

Peyto Exploration & Development Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, November 15th. Investors of record on Friday, November 1st will be given a dividend of $0.0797 per share. This represents a yield of 8.66%. The ex-dividend date of this dividend is Thursday, October 31st. Peyto Exploration & Development’s dividend payout ratio (DPR) is presently 74.96%.

About Peyto Exploration & Development

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Peyto Exploration & Development Corp., an energy company, engages in the exploration, development, and production of natural gas, oil, and natural gas liquids in Deep Basin of Alberta. The company was formerly known as Peyto Energy Trust and changed its name to Peyto Exploration & Development Corp.

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