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

Cardinal Energy Ltd. (TSE:CJ) announced a monthly dividend on Friday, May 29th, TickerTech Dividends reports. Investors of record on Monday, June 15th will be paid a dividend of 0.06 per share on Monday, June 15th. This represents a c) annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend is Friday, May 29th.

Cardinal Energy Stock Up 0.1%

Shares of TSE CJ opened at C$12.08 on Wednesday. Cardinal Energy has a 12-month low of C$6.12 and a 12-month high of C$13.38. The stock has a market cap of C$2.12 billion, a PE ratio of 201.33, a P/E/G ratio of -0.26 and a beta of 0.26. The company has a current ratio of 0.69, a quick ratio of 0.67 and a debt-to-equity ratio of 18.36. The company has a 50-day moving average of C$11.67 and a 200 day moving average of C$10.01.

Cardinal Energy (TSE:CJ) last announced its quarterly earnings data on Thursday, March 12th. The company reported C($0.18) earnings per share (EPS) for the quarter. Cardinal Energy had a net margin of 2.09% and a return on equity of 1.14%. The business had revenue of C$109.19 million for the quarter. As a group, sell-side analysts predict that Cardinal Energy will post 0.625118 EPS for the current fiscal year.

Cardinal Energy Company Profile

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.