InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) has declared a monthly cash dividend of $0.09 per common share, payable on April 30, 2026, to shareholders of record as of April 15, 2026. The dividend is expected to be designated as an eligible dividend for Canadian tax purposes, according to a press release issued by the company.
The announcement underscores InPlay's ongoing strategy of returning value to shareholders while maintaining operational discipline. The company, which operates in Alberta with a focus on light oil production, has positioned itself as a junior oil and gas exploration and production firm with long-lived, low-decline properties. These assets offer both drilling development and enhanced oil recovery potential, as well as exploration possibilities on undeveloped lands.
InPlay's dividend program is a key component of its capital allocation framework, which balances investment in growth opportunities with direct shareholder returns. The monthly dividend structure provides consistent income for investors and reflects management's confidence in the company's cash flow generation capabilities. For more details on the dividend declaration, the full press release is available at https://ibn.fm/NfjK0.
The company's shares trade on the Toronto Stock Exchange under the symbol IPO and on the OTCQX Exchange under IPOOF. InPlay's operations are primarily centered in Alberta, where it focuses on light oil production from properties with significant development and recovery potential. The company's business model emphasizes low-decline production profiles, which provide a stable foundation for cash flows and dividend payments.
Investors should note that the dividend is designated as an eligible dividend, which may offer tax advantages for Canadian shareholders. This classification is subject to confirmation by the company's board and applicable tax regulations. The dividend payment continues InPlay's track record of returning capital to shareholders, a practice that has been supported by its operational performance and prudent financial management.
InPlay Oil Corp. is a junior oil and gas exploration and production company operating in Alberta. The company's common shares are listed on the Toronto Stock Exchange and the OTCQX Exchange. More information about InPlay is available at https://www.inplayoil.com/.
