Cardinal Energy Ltd. to Issue Monthly Dividend of $0.06 (TSE:CJ)

Key Points

• Cardinal Energy Ltd. declared a monthly dividend of $0.06 per share, with stockholders of record to be paid on September 15th.
• The company has an annualized dividend yield of 9.7% and the ex-dividend date is August 29th.
• As of Wednesday, the company's shares opened at C$7.44, with a market cap of C$1.19 billion.

Cardinal Energy Ltd. (TSE:CJ - Get Free Report) declared a monthly dividend on Friday, August 29th, TickerTech Dividends reports. Stockholders of record on Monday, September 15th will be paid a dividend of 0.06 per share on Monday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 9.7%. The ex-dividend date of this dividend is Friday, August 29th.

Cardinal Energy Trading Up 0.1%

Shares of Cardinal Energy stock opened at C$7.44 on Wednesday. Cardinal Energy has a 52-week low of C$4.64 and a 52-week high of C$7.46. The company has a quick ratio of 0.67, a current ratio of 0.50 and a debt-to-equity ratio of 8.05. The company's 50-day simple moving average is C$7.05 and its 200-day simple moving average is C$6.48. The firm has a market cap of C$1.19 billion, a price-to-earnings ratio of 11.50, a price-to-earnings-growth ratio of -0.26 and a beta of 2.81.

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.

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