Pardee Resources Company: Special Dividend

Rhea-AI Summary

Pardee Resources Company (OTC: PDER) has announced a special year-end dividend of $25.00 per share. The dividend will be paid on December 19, 2024, to shareholders of record as of December 16, 2024. This special dividend is separate from and additional to the company's regular quarterly dividend payments.

Positive

• Special dividend of $25.00 per share announced
• Maintains regular quarterly dividend program alongside special dividend
• Quick dividend payment timeline (3 days from record date)

Negative

• None.

PHILADELPHIA, Dec. 13, 2024 /PRNewswire/ -- Pardee Resources Company (OTC: PDER) (the "Company") announced today that its Board of Directors has declared a special year-end dividend of $25.00 per share payable on December 19, 2024, to shareholders of record on December 16, 2024. This special dividend will be in addition to the Company's regular quarterly dividends.  

In addition to historical statements, this press release contains statements relating to future events and our future results.  These statements are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995.  While these forward-looking statements represent our judgments and future expectations concerning our business, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from our expectations.  These factors include, but are not limited to, difficult economic conditions and other risks and uncertainties.  As a result, these forward-looking statements may turn out to be incorrect. We are under no obligation to (and expressly disclaim any obligation to) update or alter these forward-looking statements whether as a result of new information, future events or otherwise.

View original content:https://www.prnewswire.com/news-releases/pardee-resources-company-special-dividend-302331527.html

SOURCE Pardee Resources Company

FAQ

When will Pardee Resources (PDER) pay its special dividend in 2024?

Pardee Resources will pay its special dividend of $25.00 per share on December 19, 2024, to shareholders of record as of December 16, 2024.

How much is PDER's special dividend payment for 2024?

PDER's special year-end dividend payment for 2024 is $25.00 per share.

What is the record date for Pardee Resources' 2024 special dividend?

The record date for Pardee Resources' special dividend is December 16, 2024.

Does PDER's special dividend replace its regular quarterly dividend?

No, the special dividend is in addition to PDER's regular quarterly dividends.