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Petroleum & Resources Corporation Announces Issue Price of Shares for Year-End Distribution Payable December 28, 2009

18 hours ago ago from Good News Now

BALTIMORE, Dec. 9 /PRNewswire-FirstCall/ -- The price at which Petroleum & Resources Corporation (NYSE: PEO) common stock will be issued in payment of the $0.06 income dividend and $0.98 capital gain distribution to stockholders who have elected to receive the distributions in stock, payable December 28, 2009, is $22.54 per share. This price is the mean between today's high and low sales prices of the Corporation's stock on the New York Stock ...

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