Cardinal Energy Ltd. Announces Sep 25 Dividend of $0.06 (TSE:CJ)

Key Points

• Cardinal Energy Ltd. declared a dividend of $0.06 per share, payable on October 15th to shareholders recorded on September 30th.
• As of the latest trading session, Cardinal Energy's stock was down 0.4% at C$7.24, with recent trading volumes exceeding average levels.
• The company operates primarily in oil, focusing on the acquisition, exploration, and production of petroleum and natural gas in Alberta and Saskatchewan.

Cardinal Energy Ltd. (TSE:CJ - Get Free Report) declared a sep 25 dividend on Monday, September 8th, RTT News reports. Stockholders of record on Tuesday, September 30th will be given a dividend of 0.06 per share on Wednesday, October 15th.

Cardinal Energy Stock Performance

Shares of TSE CJ traded up C$0.06 during trading on Friday, hitting C$7.50. The company had a trading volume of 854,134 shares, compared to its average volume of 717,506. The stock has a 50 day simple moving average of C$7.18 and a 200 day simple moving average of C$6.56. The company has a debt-to-equity ratio of 8.05, a quick ratio of 0.67 and a current ratio of 0.50. Cardinal Energy has a 12 month low of C$4.64 and a 12 month high of C$7.53. The firm has a market capitalization of C$1.20 billion, a P/E ratio of 13.64, a price-to-earnings-growth ratio of -0.26 and a beta of 0.69.

Cardinal Energy Company Profile

Cardinal Energy Ltd is an oil-focused Canadian company. The company's principal business activity is the acquisition, exploration, and production of petroleum and natural gas in the provinces of Alberta and Saskatchewan.