Bullboard - Stock Discussion Forum Petrotal Corp T.TAL

Alternate Symbol(s): PTALF

Energy Oil & Gas E&P

PetroTal Corp. is an oil and gas development and production company focused on the development of oil assets in Peru. The Company is engaged in the exploration, appraisal and development of oil and natural gas in Peru, South America. Its flagship asset is its 100% working interest in Bretana oil field in Peru's Block 95. Through its two subsidiaries, the Company is engaged in the ongoing... see more

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Petrotal Corp > trading ex dividend today...........

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Post by downwithdotcom1 on Nov 29, 2023 11:06am

trading ex dividend today...........

Q3 2023 dividend declaration. Based on the Company's current liquidity exceeding "$60 million, PetroTal confirms that a cash dividend of $0.02 per common share will be declared and paid in Q4 2023. This represents a 15% annualized yield based on current share price and includes the recurring US$0.015 per common share amount plus an amount for a minimum liquidity sweep equal to US$0.005 per common share. The total dividend of $0.02 per common share will be paid according to the following timetable: