Headwater Exploration Inc. (CDDRF) to Issue Dividend of $0.08 on July 15th

Headwater Exploration Inc. (OTCMKTS:CDDRF) declared a dividend on Saturday, June 21st, investing.com reports. Stockholders of record on Tuesday, July 1st will be paid a dividend of 0.0795 per share on Tuesday, July 15th. This represents a dividend yield of 6.08%. The ex-dividend date of this dividend is Monday, June 30th. This is a 4.0% increase from Headwater Exploration’s previous dividend of $0.08.

Headwater Exploration Price Performance

CDDRF stock opened at $5.23 on Monday. Headwater Exploration has a 12 month low of $3.17 and a 12 month high of $5.58. The firm has a 50 day simple moving average of $4.52 and a 200 day simple moving average of $4.53.

About Headwater Exploration

Headwater Exploration Inc engages in the exploration, development, and production of petroleum and natural gas in Canada. It holds interest in the Marten Hills area located in Alberta, and McCully Field area located in New Brunswick. The company was formerly known as Corridor Resources Inc and changed its name to Headwater Exploration Inc in March 2020.