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Petrus Resources (TSX: PRQ) Declares Monthly Dividend and Provides DRIP Details for June 2025
Highlights
Petrus Resources Ltd. (TSX: PRQ) is a publicly traded Canadian oil and gas company focused on property development, selective acquisitions, and exploration activities in Alberta. The company’s operations primarily target conventional resource plays in Western Canada.
The company has announced that its Board of Directors has approved a monthly dividend of CAD 0.01 per common share. The dividend will be paid on June 30, 2025, to shareholders of record as of June 16, 2025. The payment has been designated as an eligible dividend for Canadian income tax purposes.
Petrus also highlighted the continued availability of its Dividend Reinvestment Plan (DRIP), which allows eligible shareholders to reinvest their cash dividends into additional common shares of the company. Under the DRIP, common shares are issued from treasury at a 3% discount to the prevailing market price. Participation in the DRIP is optional and subject to eligibility.
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