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

Cardinal Energy Ltd. (TSE:CJ) declared a monthly dividend on Friday, February 27th, TickerTech Dividends reports. Stockholders of record on Monday, March 16th will be paid a dividend of 0.06 per share on Monday, March 16th. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date of this dividend is Friday, February 27th.

Cardinal Energy Stock Up 0.6%

CJ opened at C$9.75 on Friday. The company has a debt-to-equity ratio of 8.05, a quick ratio of 0.67 and a current ratio of 0.50. Cardinal Energy has a fifty-two week low of C$4.64 and a fifty-two week high of C$10.10. The stock has a market capitalization of C$1.69 billion, a price-to-earnings ratio of 20.31, a PEG ratio of -0.26 and a beta of 0.46. The company has a fifty day moving average of C$9.04 and a two-hundred day moving average of C$8.38.

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.