The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from Marketwire

Pengrowth Energy Corporation Confirms Cdn $0.04 Cash Dividend Payable August 15, 2014

Thursday, July 10, 2014

Pengrowth Energy Corporation Confirms Cdn $0.04 Cash Dividend Payable August 15, 2014

16:15 EDT Thursday, July 10, 2014

CALGARY, ALBERTA--(Marketwired - July 10, 2014) - Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) today announced that its August 15, 2014 cash dividend will be Cdn $0.04 per common share. The ex-dividend date is July 18, 2014. The dividend will be payable to all shareholders who hold Pengrowth shares at the close of business on the record date of July 22, 2014.

The dividend of Cdn $0.04 per common share is equivalent to approximately U.S. $0.038 per common share using a Canadian/U.S. dollar exchange rate of Cdn $1.00:U.S. $0.938. The actual U.S. dollar equivalent of the dividend will be based upon the actual Canadian/U.S. dollar exchange rate in effect on the payment date, net of applicable Canadian withholding taxes for U.S. residents who hold their Pengrowth shares in taxable accounts.

The above dividend has been designated as an "eligible dividend" for Canadian income tax purposes. Pengrowth's dividends are also considered "qualified dividends" for U.S. income tax purposes.

Pengrowth offers a Dividend Reinvestment Program (DRIP) that provides eligible shareholders in Canada and the United States, with the opportunity to reinvest their dividends in new shares at a five percent discount to the average trading price (as calculated pursuant to the DRIP plan). Additional information on the DRIP is available at http://www.pengrowth.com/investors/dividends/drip/.

About Pengrowth:

Pengrowth Energy Corporation is a dividend-paying, intermediate Canadian producer of oil and natural gas, headquartered in Calgary, Alberta. Pengrowth's assets include the Cardium light oil, Lindbergh thermal bitumen and Swan Hills light oil projects. Pengrowth's shares trade on both the Toronto Stock Exchange under the symbol "PGF" and on the New York Stock Exchange under the symbol "PGH".

PENGROWTH ENERGY CORPORATION

Derek Evans, President and Chief Executive Officer

For further information about Pengrowth, please visit our website www.pengrowth.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

Contact Information:
Pengrowth
Fred Kerr
Vice President, Investor Relations
Toll free 1-855-336-8814


Pengrowth
Wassem Khalil
Manager, Investor Relations
Toll free 1-855-336-8814


Pengrowth
Investor Relations
investorrelations@pengrowth.com
www.pengrowth.com

Products
  • Globe Unlimited

    Digital all access pass across devices. subscribe

  • The Globe and Mail Newspaper

    Newspaper delivered to your doorstep. subscribe

  • Globe2Go

    The digital replica of our newspaper. subscribe

  • Globe eBooks

    A collection of articles by the Globe. subscribe

See all Globe Products

Advertise with us

GlobeLink.ca

Your number one partner for reaching Canada's Influential Achievers. learn more

The Globe at your Workplace
Our Company
Customer Service
Globe Recognition
Mobile Apps
NEWS APP
INVESTING APP
Other Sections