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Bullboard - Stock Discussion Forum Petrus Resources Ltd T.PRQ

Alternate Symbol(s):  PTRUF

Petrus Resources Ltd. is a Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. The Company has an inventory of low-risk oil and natural gas development assets in its Ferrier, North Ferrier and Thorsby operating areas. Its core area, Ferrier, is a resource play. The Ferrier is a liquid rich Cardium gas play. North Ferrier... see more

TSX:PRQ - Post Discussion

Petrus Resources Ltd > Dividend up coming about 9.7% annually
View:
Post by llerrad5 on Jan 12, 2024 4:41pm

Dividend up coming about 9.7% annually

Dividend Distribution Reminder


This is a reminder about the upcoming PRQ dividend¹ distribution.
Payment amount per share $0.01 CAD
 
Payment date January 31, 2024
 
Record date January 16, 2024
 
Ex-dividend date January 15, 2024
 

What this means

You will receive the dividend payment if you hold PRQ prior to the ex-dividend date and do not sell PRQ until on or after the ex-dividend date.

Regular cash dividends will be reflected in your account on the payment date. Stock dividends and dividend reinvestments can take up to five business days.


Comment by Kadiddelhopper on Jan 13, 2024 11:38am
Exceptional Yielder for  Nat Gas producer... only  Peyto (  PEY ) has a better yield on the money 
Comment by llerrad5 on Jan 13, 2024 12:47pm
It depends on whether you are looking for capital gains or dividends. For example: 20,000 shares of Peyto would require a $270,400.00 investment. 20,000 shares of Petrus requires only $25,200.00 to be invested. PRQ can easily increase by $1.00 in a better Nat Gas enviorment. A $1.00 increase in the two stocks yeilds a 9% return on Peyto and a 80% return on PRQ. Some small stocks are even ...more  
Comment by Kadiddelhopper on Jan 13, 2024 2:24pm
All depending on how well capitialized the Investor might be to begin with. PRQ ... good for those of us with a smaller grubstake.  PNE may appeal more to the larger capitilized stakeholder.   Either can be played for Cap Gain or Dividends separately or, if particularly deft.... BOTH!  I do like 14% Monthly pay     in the ENCC  Energy ETF....... but ...more  
Comment by llerrad5 on Jan 16, 2024 11:54am
I don't care how much capital you have no one wants to lose it. A 14% dividend is signaling a big risk to the dividend being cut and thne a big share price drop. Tipically the higher the dividend the more risk.
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