CONFIRMS DIVIDEND FOR OCTOBER 15, 2018 Bonavista Energy Corp. will pay a quarterly dividend of one cent in cash per common share on Oct. 15, 2018, to common shareholders of record on Sept. 28, 2018. The ex dividend date is Sept. 27, 2018.
Bonavista's dividend policy is reviewed quarterly and is based on future commodity prices, foreign exchange rates, the company's commodity hedging program, current operations and future investment opportunities. This dividend has been designated as an eligible dividend for Canadian income tax purposes.
Bonavista is focused on creating premium shareholder value through the efficient development of high-quality oil and natural gas assets.