Premium Dividend™ and Dividend Reinvestment Plan
On August 20, 2015, Baytex Energy Corp. announced that it was suspending the payment of monthly dividends on its common shares after the September 15, 2015 dividend previously declared. As a result, the Premium Dividend™ and Dividend Reinvestment Plan were also suspended following payment of the September 15, 2015 dividend.
Our Premium Dividend™ and Dividend Reinvestment Plan (the "Plan") provides eligible shareholders with a convenient and cost-effective method to reinvest their monthly cash dividends by either:
Acquiring additional shares at a discounted subscription price equal to 97% of the prevailing Average Market Price (as defined in the Plan), which new Shares will be issuable pursuant to the "Dividend Reinvestment Component" of the Plan; or
Receiving a premium cash payment equal to 101% of the reinvested Dividends, which payment will be made pursuant to the "Premium Dividend™ Component" of the Plan,
in each case upon and subject to the terms and conditions of the Plan.
Participation in either component of the Plan is optional; however, only Canadian resident shareholders may participate in the Premium Dividend™ Component of the Plan. If you choose not to participate in the Plan, you will continue to receive your regular cash dividends.
For more information, click on the links below:
- Baytex Investor Relations
investor [at] baytexenergy [dot] com
Historical Drip Pricing
- 2015 Historical Baytex Energy Corp. Drip Pricing
- 2014 Historical Baytex Energy Corp. Drip Pricing
- 2013 Historical Baytex Energy Corp. Drip Pricing
- 2012 Historical Baytex Energy Corp. Drip Pricing
- 2011 Historical Baytex Energy Corp. Drip Pricing
- 2010-2004 Historical Baytex Energy Trust Drip Pricing