Baytex Energy Corp.’s board of directors has declared a quarterly cash dividend amounting to CA$0.0225 per share, according to a July 27 press release.

The dividend will be payable on Oct. 2 for shareholders of record on Sept. 15. The dividend’s amount is equivalent to approximately US$0.0170 per share. The dividend is an “eligible dividend” for Canadian tax purposes and a “qualified dividend” for U.S. income tax purposes.

Baytex Energy Corp. is an energy company based in Calgary, Alberta.

Baytex Board Declares Quarterly Dividend
(Source: Bayex Corp. investor presentation)