Cardinal Energy Ltd. (OTCMKTS:CRLFF) to Issue Dividend Increase – $0.04 Per Share

Cardinal Energy Ltd. (OTCMKTS:CRLFF) declared a dividend on Saturday, July 20th, investing.com reports. Shareholders of record on Thursday, August 1st will be paid a dividend of 0.044 per share on Thursday, August 15th. This represents a yield of 10.33%. The ex-dividend date is Wednesday, July 31st. This is a positive change from Cardinal Energy’s previous dividend of $0.04.

Cardinal Energy Stock Performance

Shares of Cardinal Energy stock opened at $5.03 on Tuesday. Cardinal Energy has a 12-month low of $4.24 and a 12-month high of $5.81. The firm’s 50 day simple moving average is $4.97 and its two-hundred day simple moving average is $4.97.

About Cardinal Energy

Cardinal Energy Ltd. engages in the acquisition, development, optimization, and production of petroleum and natural gas in the provinces of Alberta, British Columbia, and Saskatchewan. Cardinal Energy Ltd. was incorporated in 2010 and is headquartered in Calgary, Canada.