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Petroleum & Resources (PEO) Declares $1.04 Year-End Distribution; 4.2% Yield
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Petroleum & Resources Corporation (NYSE: PEO) declared today a year-end distribution of $1.04 per share.
The payable date for the distribution is December 28, 2009, the record date is November 20, 2009, and the ex-dividend date is November 18, 2009.
Yield on the distribution is 4.2%.
Petroleum & Resources Corporation operates as a nondiversified investment company. It primarily invests in the equity of energy and natural resource companies.
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