Petrus Resources Announces Dividend and Dividend Reinvestment Plan
CALGARY, Alberta, Sept. 01, 2026 /CourierPR/ -- Petrus Resources Ltd., a public Canadian oil and gas company based in Alberta, has announced a monthly dividend of $0.01 per share for its shareholders, payable on September 29, 2026. The dividend, which is classified as an eligible dividend for Canadian tax purposes, is set to be distributed to shareholders of record as of September 15, 2026.
To enhance shareholder value, Petrus Resources has also facilitated a Dividend Reinvestment Plan (DRIP). This program allows eligible shareholders to reinvest their cash dividends into additional common shares of the company at a 3% discount from the market price. Participation in the DRIP is voluntary, and enrolled shareholders will receive additional shares issued from treasury.
For registered shareholders interested in participating in the DRIP, the enrollment form must be submitted to Odyssey Trust Company by the fifth business day immediately preceding the dividend record date. Beneficial shareholders, including those with shares held through brokers or other nominees, are advised to contact their financial intermediaries to determine their eligibility and obtain necessary enrollment instructions.
Notably, the DRIP may impose restrictions on participation for non-resident shareholders. For more detailed information about the DRIP, interested parties can visit Petrus Resources' official website or Odyssey Trust Company's FAQ page. Enrollment forms are also available on Odyssey's website.
"Today's dividend declaration underscores Petrus Resources' commitment to returning value to our shareholders," stated Ken Gray, President and CEO of Petrus Resources. "We are pleased to offer our shareholders the opportunity to further grow their holdings through our DRIP."
Gray added, "We encourage our shareholders to explore the benefits of the DRIP and to take advantage of this valuable tool to enhance their investment in Petrus Resources."
For any further inquiries regarding the DRIP, potential participants can contact Odyssey Trust Company at 1-888-290-1175 (toll-free in North America) or 1-587-885-0960.