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Cardinal Energy Declares CAD 0.06 Monthly Dividend for October

Shareholders on record Oct. 30 are due to receive the cash payment Nov. 16. The company designated it an eligible dividend for Canadian tax purposes.

An oil pumpjack stands against low hills in a Western Canadian field / TokenPost.ai
An oil pumpjack stands against low hills in a Western Canadian field / TokenPost.ai

Cardinal Energy Ltd. declared a cash dividend of CAD 0.06 per common share for October, with payment scheduled for Nov. 16 to shareholders of record Oct. 30.

The company designated the distribution as an eligible dividend for Canadian income-tax purposes. Cardinal trades on the Toronto Stock Exchange under the ticker CJ and produces oil and natural gas in Western Canada.

Its monthly dividend rate has been CAD 0.06 per share since the fourth quarter of 2022.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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