Baytex Energy Corp. (TSE:BTE) has released an update.
Baytex Energy Corp. has declared a quarterly cash dividend of CDN$0.0225 per share, which will be paid on July 2, 2024 to shareholders on record as of June 14, 2024. The dividend is equivalent to approximately US$0.0164 per share, with the conversion based on the current exchange rate, and is subject to Canadian withholding taxes for non-resident shareholders. The company emphasizes that this dividend qualifies for certain tax benefits in both Canada and the U.S.
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