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

Cardinal Energy Ltd. (TSE:CJ) declared a monthly dividend on Thursday, April 30th, TickerTech Dividends reports. Stockholders of record on Friday, May 15th will be given a dividend of 0.06 per share on Friday, May 15th. This represents a c) annualized dividend and a dividend yield of 6.0%. The ex-dividend date is Thursday, April 30th.

Cardinal Energy Trading Up 1.6%

TSE:CJ opened at C$11.93 on Tuesday. The company has a market capitalization of C$2.07 billion, a PE ratio of 91.77, a price-to-earnings-growth ratio of -0.26 and a beta of 0.16. The company has a quick ratio of 0.67, a current ratio of 0.54 and a debt-to-equity ratio of 29.09. Cardinal Energy has a 52-week low of C$5.48 and a 52-week high of C$12.03. The stock has a fifty day simple moving average of C$10.73 and a 200-day simple moving average of C$9.39.

Cardinal Energy (TSE:CJ) last released its quarterly earnings results on Thursday, March 12th. The company reported C($0.18) earnings per share (EPS) for the quarter. The firm had revenue of C$109.19 million for the quarter. Cardinal Energy had a return on equity of 2.35% and a net margin of 4.22%. On average, equities research analysts expect 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.