07:58:11 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Pengrowth Energy Corp
Symbol PGF
Shares Issued 540,693,645
Close 2015-08-12 C$ 1.71
Market Cap C$ 924,586,133
Recent Sedar Documents

Pengrowth to pay two-cent dividend Sept. 15

2015-08-13 16:26 ET - News Release

Mr. Derek Evans reports

PENGROWTH ENERGY CONFIRMS CDN $0.02 CASH DIVIDEND PAYABLE SEPTEMBER 15, 2015

Pengrowth Energy Corp.'s Sept. 15, 2015, cash dividend will be two cents per common share. The ex dividend date is Aug. 20, 2015. The dividend will be payable to all shareholders who hold Pengrowth shares at the close of business on the record date of Aug. 24, 2015.

The dividend of two cents per common share is equivalent to approximately 1.5 U.S. cents per common share using a Canadian-/U.S.-dollar exchange rate of $1 (Canadian) to 76.5 U.S. cents. The actual U.S.-dollar equivalent of the dividend will be based upon the actual Canadian-/U.S.-dollar exchange rate in effect on the payment date, net of applicable Canadian withholding taxes for U.S. residents who hold their Pengrowth shares in taxable accounts.

The above dividend has been designated as an eligible dividend for Canadian income tax purposes. Pengrowth's dividends are also considered qualified dividends for U.S. income tax purposes.

Pengrowth's board of directors and management regularly review the level of dividends. Pengrowth's board considers a number of factors, including expectations of future commodity prices, capital expenditure requirements, and the availability of debt and equity capital. Dividends can and may fluctuate in the future as a result of the volatility in commodity prices, changes in production levels and capital expenditure requirements.

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