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Cardinal Energy declares CAD 0.05 dividend

Jul. 11, 2022 5:03 PM ETCardinal Energy Ltd. (CRLFF), CJ:CABy: Urvi Shah, SA News Editor2 Comments
  • Cardinal Energy (OTCPK:CRLFF) declares CAD 0.05/share monthly dividend, in line with previous.
  • Payable Aug. 15; for shareholders of record July 29; ex-div July 28.

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Comments (2)

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Complete insanity that Cardinal Energy would trade this low with the dividend being paid and long term debt dropping down below $100 million range (We will find out where in a matter of a couple of weeks). Then another rerating of the dividend at $50 million (as per management guidance). So if we stay around here on oil and we will because this is right around where we were preinvasion then this is a screaming buy.

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