To date Paramount Resources Ltd. has paid cumulative distributions of $20.73 per common share, comprised of regular monthly dividends, special dividends and returns of capital.
Unless indicated otherwise, all dividends paid by Paramount Resources Ltd. are designated as “eligible” dividends for the purpose of the Income Tax Act (Canada) and any similar provincial legislation.
The Company paid a special cash distribution of $15.00 per common share on February 14, 2025, comprised of a $12.00 per common share return of capital and a $3.00 per common share special dividend.
The Company paid a special dividend of $1.00 per common share on January 25, 2023.
The payment of future distributions is subject to change depending upon, among other things, the Company’s free cash flow, operating results, capital requirements and financial position.