Pengrowth Energy Corporation Announces Cash Dividend Payable October 17, 2011

Pengrowth Energy Corporation (TSX:PGF,NYSE:PGH) reported the company’s October 17, 2011 cash dividend will be Cdn $0.07 per common share.

The press release is quoted as saying:

The dividend will be payable to all shareholders who hold shares on the record date of September 30, 2011. The dividend of Cdn $0.07 per common share is equivalent to approximately U.S. $0.071 per common share using a U.S./Canadian dollar exchange rate of Cdn$1.00:U.S $1.01. The actual U.S. dollar equivalent dividend will be based upon the actual U.S./Canadian dollar exchange rate in effect on the payment date, net of applicable Canadian withholding taxes for U.S. residents who hold their Pengrowth shares in taxable accounts.

Click here to access the entire press release