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

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 given a dividend of 0.06 per share on Monday, September 15th. This represents a c) annualized dividend and a dividend yield of 9.9%. The ex-dividend date is Friday, August 29th.

Cardinal Energy Stock Performance

Shares of Cardinal Energy stock traded down C$0.14 on Monday, hitting C$7.29. The stock had a trading volume of 780,779 shares, compared to its average volume of 712,124. Cardinal Energy has a twelve month low of C$4.64 and a twelve month high of C$7.47. The business's 50 day moving average is C$7.06 and its two-hundred day moving average is C$6.50. 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 stock has a market cap of C$1.17 billion, a price-to-earnings ratio of 13.25, a price-to-earnings-growth ratio of -0.26 and a beta of 0.75.

About Cardinal Energy

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.