1. Orca Energy declared a quarterly cash dividend of $0.10 per share.
2. Dividends apply to both Class A and Class B shares.
3. Dividend payment is scheduled for October 15, 2025.
4. Record date for dividends is September 30, 2025.
5. Orca operates in natural gas exploration in Tanzania.
A consistent dividend payment can boost investor confidence and attract buyers, similarly observed with other companies like Enbridge Inc. after dividend announcements, leading to price appreciation.
How important is it?
The designated dividend indicates financial stability and can favorably impact stock valuation and investor sentiment.
Why Short Term?
Immediate market reactions to dividend declarations are typically positive, with potential effects visible before the payment date.
TORTOLA, British Virgin Islands, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Orca Energy Group Inc. ("Orca" or the "Company") (TSXV:ORC, ORC.B)) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 (Cdn) per Class A Common Voting Share ("Class A Shares") of the Company and $0.10 (Cdn) per Class B Subordinate Voting Share ("Class B Shares") of the Company. The dividend will be payable on October 15, 2025 to holders of Class A Shares and Class B Shares of record on September 30, 2025.
About Orca Energy Group Inc.
Orca is an international public company engaged in natural gas exploration, development and supply in Tanzania through its subsidiary PanAfrican Energy Tanzania Limited. Orca trades on the TSX Venture Exchange under the trading symbols ORC.A and ORC.B.
For media enquiries: Celicourt (PR) Mark Antelme Jimmy Lea Orca@celicourt.uk +44-20 8434 2643
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.