Peyto Exploration & Development Corp. announced an 8% dividend increase in a company headline dated November 3, 2026.
The headline doesn’t give the new dividend amount or say when the increase takes effect. Peyto shares closed at C$23.77, down 2.96% for the day.
Investor takeaway: The company disclosed an 8% increase, but the new payment amount and timing aren’t available in the supplied information.
Peyto Exploration&Development Corp
PEY.TO
PEY.TO
Peyto Exploration&Development Corp
WealthAwesomeMarket cap
$4.89B
P/E
10.0x
Div. yield
5.59%
Div. / share
$1.34
52W high
$28.15
52W low
$19.31
1W change
-5.71%
Beta
0.60
Analyst Price Targets
Based on analyst covering PEY · as of Oct 29, 2026
Wall Street analysts forecast PEY stock price to rise 17.3% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$27.88
+17.3% Upside
Previously C$27.75 on Oct 26, 2026
Current Price
C$23.77
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on PEY's historical volatility
30-Day Vol
22.1%
Annualized
90-Day Vol
23.3%
Annualized
Trend (90d)
-21.7%
Annualized drift
90d Mean
C$22.00
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$23.16 | C$21.46 – C$25.00 |
| 60 trading days | C$22.57 | C$20.26 – C$25.15 |
| 90 trading days | C$22.00 | C$19.27 – C$25.11 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
8% dividend increase
Peyto’s November 3 headline reports an 8% dividend increase but doesn’t specify the revised amount or when it begins.
Bull case
The 8% increase is the main disclosed news. The supplied company figures also include a 40.2% profit margin and 17.1% return on equity.
Bear case
The new dividend per share and effective date aren’t provided, and the available information doesn’t explain the company’s rationale. Peyto shares fell 2.96% that day.
What happened: Peyto announced an 8% dividend increase
On November 3, 2026, Peyto Exploration & Development Corp. announced an 8% dividend increase. The headline doesn’t state the previous or revised dividend per share, payment frequency, effective date, or record and payment dates. The percentage increase is the only disclosed measure of the change. You can follow PEY.TO on Peyto’s stock page.
What the numbers show: shares closed at C$23.77
Peyto shares closed at C$23.77, down 2.96% for the day and 5.71% over the week. They were up 1.61% over the month and 10.40% year to date. Trading volume was 1,110,498 shares, or 1.26 times the 20-day average of 881,850.
These figures show the share-price and trading context around the announcement. The available information doesn’t establish that the dividend news caused the daily decline. Other reported figures include a P/E ratio of 9.9874, a 40.2% profit margin, and a 17.1% return on equity. More company data is available on Peyto’s stock page.
What to watch next: the revised payment details
The new dividend amount and effective date are the key details to watch for. They aren’t included in the supplied headline. The available information also doesn’t explain the increase or provide a dividend yield. For now, the announcement confirms the percentage change, but not the payment amount or timing.
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