Dividend Increase PendingBaytex has committed to increase the monthly dividend on its common shares by 9% to $0.24 from $0.22 per share, subject to the completion of the Acquisition. Based on the anticipated closing date of mid/late May 2014, the dividend increase is expected to take effect for the dividend payable on or about July 15, 2014.Baytex has committed to increase the monthly dividend on its common shares by 9% to $0.24 from $0.22 per share, subject to the completion of the Acquisition. Based on the anticipated closing date of mid/late May 2014, the dividend increase is expected to take effect for the dividend payable on or about July 15, 2014.