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Cardinal Energy ( (TSE:CJ) ) has issued an update.
Cardinal Energy Ltd. announced a monthly dividend of $0.06 per common share, payable on February 18, 2025, to shareholders recorded by January 31, 2025. The cash dividend is recognized as an ‘eligible dividend’ for Canadian tax purposes, reflecting Cardinal’s commitment to providing returns to its shareholders while advancing its operational projects.
More about Cardinal Energy
Cardinal Energy Ltd. is a Canadian oil and natural gas company specializing in low decline oil operations in Western Canada. The company is distinguished by its lowest decline conventional asset base in the region and has initiated its first thermal SAGD oil development project to enhance long-term sustainability.
YTD Price Performance: 2.85%
Average Trading Volume: 681,439
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$1.09B
For a thorough assessment of CJ stock, go to TipRanks’ Stock Analysis page.
