Peyto Exploration & Development About To Put More Money In Your Pocket (PEY)

On 10/29/13, Peyto Exploration & Development Corp (TSX: PEY.TO) will trade ex-dividend, for its monthly dividend of $0.08, payable on 11/15/13. As a percentage of PEY's recent stock price of $30.59, this dividend works out to approximately 0.26%.

Below is a dividend history chart for PEY, showing historical dividends prior to the most recent $0.08 declared by Peyto Exploration & Development Corp:

PEY+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PEY is likely to continue, and whether the current estimated yield of 3.14% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PEY shares, versus its 200 day moving average:

Peyto Exploration & Development Corp 200 Day Moving Average Chart

Looking at the chart above, PEY's low point in its 52 week range is $21.66 per share, with $32.70 as the 52 week high point — that compares with a last trade of $30.59.

In Friday trading, Peyto Exploration & Development Corp shares are currently down about 0.5% on the day.
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