Petro Tal Corp (TSE:TAL) has released an update.
PetroTal Corp has paid out a generous $18.4 million dividend to its shareholders, boasting a high annualized yield of 13.9%, and simultaneously granted performance share units to employees and officers following a successful quarter. The dividend, reflective of US$0.02/share, was paid based on the record date of February 29, 2024, with the share price at US$0.575. The additional issuance of PSUs is set to vest on the initial grant date, contributing to the company’s robust incentive plan.
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