Baytex Announces Quarterly Dividend for January 2026

Rhea-AI Summary

Baytex (TSX: BTE, NYSE: BTE) announced a quarterly cash dividend of CDN$0.0225 per share, payable on January 2, 2026 to shareholders of record on December 15, 2025.

The U.S. dollar equivalent is approximately US$0.0161 per share based on a 1.40 CAD/US exchange rate. Payments to non‑resident shareholders will be net of any applicable Canadian withholding taxes. The dividend is designated an eligible dividend for Canadian tax purposes and a qualified dividend for U.S. tax purposes.

Positive

• Declared dividend of CDN$0.0225 per share
• Payment date set for January 2, 2026 with record date December 15, 2025
• U.S. equivalent approximately US$0.0161 per share at 1.40 CAD/US
• Tax status designated as eligible (Canada) and qualified (U.S.)

Negative

• Payments to non‑resident shareholders will be reduced by applicable Canadian withholding taxes

Calgary, Alberta--(Newsfile Corp. - October 30, 2025) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "Company") announces that its Board of Directors has declared a quarterly cash dividend of CDN$0.0225 per share to be paid on January 2, 2026 to shareholders of record on December 15, 2025.

The U.S. dollar equivalent amount is approximately US$0.0161 per share assuming a foreign exchange rate of 1.40 CAD/US. Payments to shareholders who are not residents of Canada will be net of any Canadian withholding taxes that may be applicable. This dividend is designated an "eligible dividend" for Canadian tax purposes and is considered a "qualified dividend" for U.S. income tax purposes.

Baytex Energy Corp.

Baytex Energy Corp. is an energy company with headquarters based in Calgary, Alberta and offices in Houston, Texas. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Baytex's common shares trade on the Toronto Stock Exchange and the New York Stock Exchange under the symbol BTE.

For further information about Baytex, please visit our website at www.baytexenergy.com or contact:

Brian Ector, Senior Vice President, Capital Markets and Investor Relations

Toll Free Number: 1-800-524-5521
Email: investor@baytexenergy.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272575

FAQ

What dividend did Baytex (BTE) declare for January 2026?

Baytex declared a quarterly cash dividend of CDN$0.0225 per share payable January 2, 2026.

What is the record date for Baytex's January 2026 dividend (BTE)?

The record date is December 15, 2025.

How much is Baytex's (BTE) dividend in U.S. dollars for January 2026?

The U.S. equivalent is approximately US$0.0161 per share based on a 1.40 CAD/US exchange rate.

When will Baytex (BTE) pay the January 2026 dividend?

The dividend payment date is January 2, 2026.

Will non‑resident shareholders receive Baytex (BTE) dividends net of tax?

Yes. Payments to shareholders who are not residents of Canada will be net of any applicable Canadian withholding taxes.

What is the tax designation of Baytex's (BTE) January 2026 dividend?

The dividend is designated an eligible dividend for Canadian tax purposes and a qualified dividend for U.S. income tax purposes.