1. PrairieSky declared a quarterly dividend of CDN $0.26 per share. 2. Dividend payable on October 15 to shareholders of record by September 29. 3. PrairieSky focuses on royalty revenues from petroleum and natural gas. 4. It holds the largest independently-owned mineral title position in Canada. 5. Designated eligible for Canadian income tax benefits.
Historically, dividend declarations often lead to positive stock reactions, as seen with other royalty firms. The consistent cash flow generation indicates financial stability.
The announcement of a dividend enhances investor confidence and could attract new investors, thereby increasing demand for TSX:PSK shares.
Dividends typically impact stock prices soon after announcements due to investor sentiment. Investors may capitalize on upcoming dividend payments quickly.
CALGARY, Alberta, Sept. 08, 2025 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. ("PrairieSky") (TSX:PSK) announced today that its Board of Directors has declared a quarterly dividend of CDN $0.26 per common share, payable in cash on October 15, 2025 to shareholders of record on September 29, 2025. This dividend is designated as an "eligible dividend" for Canadian income tax purposes.
About PrairieSky Royalty Ltd.
PrairieSky is a royalty-focused company, generating royalty revenues as petroleum and natural gas are produced from its properties. PrairieSky has a diverse portfolio of properties that have a long history of generating free cash flow and that represent the largest and most concentrated independently-owned fee simple mineral title position in Canada. PrairieSky common shares trade on the Toronto Stock Exchange under the symbol PSK.
FOR FURTHER INFORMATION PLEASE CONTACT:
PrairieSky Royalty Ltd.
Investor Relations
(587) 293-4000
PDF available: http://ml.globenewswire.com/Resource/Download/fa7835ec-305b-42a7-b5b8-f0f42c19071f
