CALGARY – PrairieSky Royalty Ltd. (TSX:PSK) has confirmed that its first dividend will be paid next month to shareholders of record as of June 30. The company, which has traded publicly since May after it was spun off by Encana Corp., said it will pay a monthly dividend of 10.58 per share on July 15. PrairieSky had said in its initial public offering documents that it intended to pay monthly dividends, initially at an annualized rate of $1.27 per common share.