Parex Resources Announces Quarterly Dividend of CAD 0.385 per Share

Parex Resources (PARXF) has declared a quarterly dividend of CAD 0.385 per share, maintaining consistency with its previous payout levels. The dividend is scheduled to be paid on December 15, with the ex-dividend date and record date both set for December 8. The company's recent financial performance includes reported GAAP earnings per share (EPS) of $0.78 and revenue of $66.58 million. Management has also provided updates regarding its full-year outlook alongside expectations for a significant increase in production levels.

By Urvi Shah, SA News Editor · Seeking Alpha ·

Parex Resources Announces Quarterly Dividend of CAD 0.385 per Share

Topics: dividend declaration production outlook quarterly earnings

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