Free Trial

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

Cardinal Energy logo with Energy background
Image from MarketBeat Media, LLC.

Key Points

  • C$0.06 monthly dividend declared with an ex-dividend date of April 30 and record/pay date of May 15, representing an annualized dividend yield of about 6.0%.
  • Cardinal posted a quarterly loss of C($0.18) EPS, trades at a high P/E of 91.77 with a market cap of C$2.07 billion and a debt-to-equity ratio of 29.09, while operating conventional and SAGD oil projects and recently entering production at its Reford SAGD project in Saskatchewan.
  • MarketBeat previews top five stocks to own in May.

Cardinal Energy Ltd. (TSE:CJ - Get Free Report) announced a monthly dividend on Thursday, April 30th, TickerTech Dividends reports. Investors of record on Friday, May 15th will be given a dividend of 0.06 per share on Friday, May 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date of this dividend is Thursday, April 30th.

Cardinal Energy Price Performance

TSE:CJ opened at C$11.93 on Tuesday. The company has a current ratio of 0.54, a quick ratio of 0.67 and a debt-to-equity ratio of 29.09. The company has a market capitalization of C$2.07 billion, a P/E ratio of 91.77, a P/E/G ratio of -0.26 and a beta of 0.16. Cardinal Energy has a 12 month low of C$5.48 and a 12 month high of C$12.03. The business's 50-day moving average is C$10.73 and its 200 day moving average is C$9.39.

Cardinal Energy (TSE:CJ - Get Free Report) last posted its earnings results on Thursday, March 12th. The company reported C($0.18) EPS for the quarter. The firm had revenue of C$109.19 million during the quarter. Cardinal Energy had a return on equity of 2.35% and a net margin of 4.22%. On average, equities research analysts forecast that Cardinal Energy will post 0.625118 earnings per share for the current fiscal year.

About Cardinal Energy

(Get Free Report)

Cardinal is a Canadian oil and natural gas production company with operations focused on low decline sustainable oil production in Western Canada. Cardinal has recently completed its first thermal SAGD project in Reford, Saskatchewan and has transitioned to the production phase of operations. The Company's portfolio of conventional and SAGD project inventory offers a complimentary low decline, long life resource base that is ideally suited to sustain our commitment to meaningful dividend returns to shareholders.

See Also

Dividend History for Cardinal Energy (TSE:CJ)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Cardinal Energy Right Now?

Before you consider Cardinal Energy, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cardinal Energy wasn't on the list.

While Cardinal Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy Before SpaceX Goes Public Cover

SpaceX has quietly filed to go public later this year. Ahead of what's expected to be the largest IPO of all time, there are seven space stocks that you can buy today that are positioned to benefit from accelerating space commercialization in 2026.

These seven companies are shaping the next phase of the space economy—from launch leaders and satellite networks to data, defense, and in-space infrastructure.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines