Market dataIncome framework read
Dividend CompanyTSXCanada

PEY.TO

Peyto Exploration & Development

EnergyPlain dividendMonthly

Market Snapshot

$23.86

-$0.68 (-2.77%)

Toronto

Yield

5.87%

Rate $1.44

Next Payment

Next pay in 21 days

Ex-date 2026-06-30

52wk Position

52.57%

-18.34% below high

Updated just now

Income Intelligence Summary

Deterministic interpretation from Prospyr's income framework and available market data.

Framework readout
1

Income reliability

Derived from payout history

Monthly income profile is visible

PEY.TO has an income profile aligned with its dividend company role. Provider data shows 12 recent payout records.

2

DRIP defense

Editorial framework

Default DRIP test is not defended

PEY.TO does not cover one full share per payment at the default 100-share test. Coverage is 0.5.

3

Main watch item

Editorial framework

DRIP coverage is the weak point

PEY.TO is below the defended default DRIP zone. The practical watch item is share count versus current price, not just stated yield.

Decision Area

Distribution and DRIP Defense

Payout history, default DRIP coverage, and price creep pressure using market data where available.

Distribution Chart

Last 12 payments

Confirmed Expected

Coverage Ratio Test

DRIP defense check

Failed
Cash
$12.00
APR
0.503
Coverage
0.503

Rung failed. Restore immediately or rebalance the holding.

Price Creep

Defended price ceiling

Max defended
$12.00
Cushion
-$11.86
Cushion %
-49.71%
Current $23.86Break $12.00

Smart Recommendation

PEY.TO is not defended at these inputs; top up shares, lower TPR, or test alternatives.

Research Signals

Payout sustainability

Moderate

1mo ago

DRIP availability

Available

1mo ago

Tax character

Eligible dividend

1mo ago

Distribution history

5–10 yr track

1mo ago

Structure complexity

Simple

1mo ago

Income trend

Stable

1mo ago

Account suitability

Non-reg: eligible div

1mo ago

Structure Overview

Peyto Exploration & Development (PEY) is a low-cost natural gas and liquids producer in the Deep Basin of Alberta, known for an operating cost structure well below most Canadian peers. Peyto pays monthly eligible dividends and has a history of adjusting the payout relative to commodity prices while keeping the break-even conservative.

Canadian Planning Notes

  • 1Peyto's low operating cost structure has historically allowed it to sustain monthly dividends at lower natural gas prices than most E&P peers.
  • 2Eligible dividends qualify for the tax credit; DRIP is available.
  • 3Natural gas price sensitivity is the primary planning risk; model Peyto income at AECO gas price scenarios relevant to your planning horizon.

Market Facts

Market Data

A factual market, distribution, valuation, and financial snapshot for this holding.

Market Data

Market data

Updated facts where available

Price

$23.86

Previous close

$24.54

Day range

$23.71 - $24.24

52wk range

$17.92 - $29.22

Market cap

4.9B

Volume

863.1K

Avg volume

837K

Exchange

Toronto

Dividend and distribution

Forward rate

$1.44

Trailing rate

$1.32

Forward yield

5.87%

Trailing yield

5.38%

Per payment

$0.12

Cadence

Monthly

Next ex-date

Jun 30, 2026

Next pay

Jul 15, 2026

Last dividend

$0.12

Last dividend date

May 29, 2026

Performance

Daily change

-$0.68

Daily change %

-2.77%

52wk position

52.57%

Below 52wk high

-18.34%

Above 52wk low

33.15%

Open

$24.24

Earnings and financials

Trailing EPS

2.31

Forward EPS

2.21

Revenue

1.2B

Revenue growth

37.00%

Profit margin

40.27%

Operating margin

59.39%

Payout ratio

N/A

Free cash flow

254.1M

Total cash

58.6M

ROE

17.05%

ROA

7.83%

Debt/equity

36.62

Beta

0.37

Valuation

Trailing P/E

10.33

Forward P/E

10.8

Price/sales

4.14

Price/book

1.64

Enterprise value

5.9B

EV/EBITDA

5.45

Analyst facts

Target mean

$27.78

Target high

$30.00

Target low

$25.00

Recommendation mean

2.11

Recommendation key

buy

Analysts

9

Canadian Context

Account placement

Non-registered

Eligible Canadian dividends qualify for the dividend tax credit, which can improve after-tax income in taxable accounts.

TFSA: Tax-free growth and withdrawals.

RRSP: Tax-deferred growth, with withdrawals taxed as regular income.

Eligible dividend tax credit

Total credit
$345.27
Effective rate
34.53%

Broker DRIP status

Questrade

Available

Wealthsimple

Available

RBC Direct Investing

Available

TD Direct Investing

Available

Run Your Numbers

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Use a planning tool that matches this holding's structure, payout timing, and income use case.

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This profile is informational only and does not constitute licensed financial advice. Signal values, planning notes, market data, and structure summaries may not reflect the most current issuer disclosures. Always verify current payout policy, ex-dividend dates, financial statements, and issuer communications before making any investment decision.