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PetroTal Corp Confirms Q4 2024 Dividend and PSU Issuance
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PetroTal Corp Confirms Q4 2024 Dividend and PSU Issuance

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An announcement from PetroTal Corp ( (TSE:TAL) ) is now available.

PetroTal Corp has announced its Q4 2024 dividend payment of US$0.015 per share, corresponding to a 14.6% annualized dividend yield. Additionally, the company has issued 724,842 performance share units (PSUs) to its employees and officers as part of its dividend distribution plan, which includes 436,641 PSUs granted to officers. This reflects PetroTal’s commitment to rewarding its stakeholders and maintaining a focus on strategic growth, positioning it favorably within the oil and gas industry.

More about PetroTal Corp

PetroTal Corp is a publicly traded oil and gas development and production company headquartered in Calgary, Alberta, with a focus on developing oil assets in Peru. The company became the largest crude oil producer in Peru in early 2022, with its key asset being the Bretana oil field in Peru’s Block 95.

YTD Price Performance: -18.08%

Average Trading Volume: 648,005

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$529.5M

For a thorough assessment of TAL stock, go to TipRanks’ Stock Analysis page.

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