Headwater Exploration Inc. (OTCMKTS:CDDRF) Raises Dividend to $0.08 Per Share

Headwater Exploration Inc. (OTCMKTS:CDDRF) declared a dividend on Saturday, March 22nd, investing.com reports. Investors of record on Tuesday, April 1st will be paid a dividend of 0.0764 per share on Tuesday, April 15th. This represents a yield of 6.88%. The ex-dividend date is Monday, March 31st. This is a 5.9% increase from Headwater Exploration’s previous dividend of $0.07.

Headwater Exploration Price Performance

Shares of CDDRF opened at $4.44 on Friday. Headwater Exploration has a one year low of $3.89 and a one year high of $6.26. The stock has a 50-day moving average price of $4.60 and a 200 day moving average price of $4.74.

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.