CALGARY, Oct. 16, 2017 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") confirms that an eligible dividend of $0.05 per share will be paid on November 15, 2017 to shareholders of record on October 31, 2017. The ex-dividend date is October 30, 2017. As at October 16, 2017, the trailing 12-month payments to investors, including the October 16, 2017 payment, total $0.60 per share.
ARC is one of Canada's largest conventional oil and gas companies with an enterprise value of approximately $6.1 billion. ARC's common shares trade on the TSX under the symbol ARX.
ARC RESOURCES LTD.
Myron M. Stadnyk
President and Chief Executive Officer
SOURCE ARC Resources Ltd.
For further information: about ARC Resources Ltd., please visit our website www.arcresources.com or contact: Investor Relations, E-mail: email@example.com, Telephone: (403) 503-8600, Fax: (403) 509-6427, Toll Free: 1-888-272-4900, ARC Resources Ltd., Suite 1200, 308 - 4th Avenue S.W., Calgary, AB, T2P 0H7
ARC was formed in 1996 with the vision of becoming the premier "blue chip" conventional oil and gas trust in Canada as measured by quality of assets, management expertise and long-term investor returns. To achieve this, we have focused on what we refer to as 'risk managed, value creation'. This mantra is reflected in our strong history of consistently creating value for our shareholders...