Baytex Announces Quarterly Dividend for October 2026

Rhea-AI Summary

Baytex Energy (TSX/NYSE: BTE) declared a quarterly cash dividend of CDN$0.0225 per share, payable on October 1, 2026 to shareholders of record on September 15, 2026. The company estimates the U.S. dollar equivalent at US$0.0161 per share, assuming a 1.40 CAD/US exchange rate.

Positive

• Quarterly dividend declared CDN$0.0225 per share, payable October 1, 2026
• Estimated U.S. equivalent US$0.0161 per share, based on 1.40 CAD/US FX rate
• Tax-efficient classification eligible dividend in Canada and qualified dividend in the U.S.

Negative

• None.

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Calgary, Alberta--(Newsfile Corp. - July 30, 2026) - 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 October 1, 2026 to shareholders of record on September 15, 2026.

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 a Calgary-based energy company committed to driving shareholder value through disciplined execution. The Company operates in the Western Canadian Sedimentary Basin, featuring the Duvernay and heavy oil plays in Alberta and Saskatchewan. 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:

Chad Lundberg	Chad Kalmakoff	Chris Lessoway
President and Chief Executive Officer	Chief Financial Officer	Vice President, Finance and Treasurer
Baytex Energy Corp.	Baytex Energy Corp.	Baytex Energy Corp.
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/307298

FAQ

What dividend did Baytex Energy (BTE) declare for October 2026?

Baytex Energy declared a quarterly cash dividend of CDN$0.0225 per share payable on October 1, 2026. According to Baytex, the estimated U.S. dollar equivalent is US$0.0161 per share, assuming a foreign exchange rate of 1.40 CAD/US.

When will Baytex Energy (BTE) pay its October 2026 dividend?

Baytex Energy plans to pay its quarterly cash dividend on October 1, 2026. According to Baytex, shareholders of record on September 15, 2026 will be eligible to receive the dividend, subject to any applicable withholding taxes for non-Canadian residents.

What is the record date for Baytex Energy (BTE) October 2026 dividend?

The record date for Baytex Energy’s October 2026 dividend is September 15, 2026. According to Baytex, shareholders on the register that day will receive CDN$0.0225 per share, with an estimated U.S. equivalent of US$0.0161 per share, before any withholding taxes.

How is the Baytex Energy (BTE) October 2026 dividend treated for tax purposes?

Baytex Energy’s October 2026 dividend is designated an eligible dividend for Canadian tax and a qualified dividend for U.S. tax. According to Baytex, non-resident shareholders will receive payments net of any applicable Canadian withholding taxes under current rules.

What foreign exchange rate did Baytex Energy (BTE) use to estimate the U.S. dividend amount?

Baytex Energy used an assumed foreign exchange rate of 1.40 CAD/US for its estimate. According to Baytex, this results in an approximate U.S. dollar equivalent dividend of US$0.0161 per share from the declared CDN$0.0225 per share quarterly dividend.