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

Cardinal Energy Ltd. (TSE:CJ) announced a monthly dividend on Friday, May 29th, TickerTech Dividends reports. Shareholders 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 is Friday, May 29th.

Cardinal Energy Trading Up 0.1%

Shares of TSE:CJ opened at C$12.08 on Wednesday. The company’s 50-day moving average price is C$11.67 and its two-hundred day moving average price is C$10.01. The company has a debt-to-equity ratio of 18.36, a current ratio of 0.69 and a quick ratio of 0.67. Cardinal Energy has a one year low of C$6.12 and a one year high of C$13.38. The stock has a market capitalization of C$2.12 billion, a PE ratio of 201.33, a price-to-earnings-growth ratio of -0.26 and a beta of 0.26.

Cardinal Energy (TSE:CJ) last issued its quarterly earnings results on Thursday, March 12th. The company reported C($0.18) EPS for the quarter. Cardinal Energy had a return on equity of 1.14% and a net margin of 2.09%.The business had revenue of C$109.19 million for the quarter. On average, equities analysts forecast 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.