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

Cardinal Energy Ltd. (TSE:CJ) declared a monthly dividend on Friday, July 31st, TickerTech Dividends reports. Shareholders of record on Monday, August 17th will be given a dividend of 0.06 per share on Monday, August 17th. This represents a c) dividend on an annualized basis and a yield of 6.5%. The ex-dividend date of this dividend is Friday, July 31st.

Cardinal Energy Trading Down 1.2%

Shares of Cardinal Energy stock opened at C$11.07 on Wednesday. The firm has a 50-day simple moving average of C$11.28 and a two-hundred day simple moving average of C$10.76. The company has a debt-to-equity ratio of 18.36, a quick ratio of 0.67 and a current ratio of 0.69. Cardinal Energy has a fifty-two week low of C$6.95 and a fifty-two week high of C$13.38. The company has a market cap of C$1.94 billion, a P/E ratio of 184.50, a price-to-earnings-growth ratio of -0.26 and a beta of 0.20.

Cardinal Energy (TSE:CJ) last posted its earnings results on Tuesday, July 28th. The company reported C$0.38 EPS for the quarter. Cardinal Energy had a return on equity of 1.14% and a net margin of 2.09%.The firm had revenue of C$193.44 million for the quarter. As a group, equities analysts predict that Cardinal Energy will post 0.625118 earnings per share 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.