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

Cardinal Energy Ltd. (TSE:CJ) declared a monthly dividend on Friday, July 31st, TickerTech Dividends reports. Stockholders of record on Monday, August 17th will be given a dividend of 0.06 per share on Monday, August 17th. This represents a c) annualized dividend and a dividend yield of 6.5%. The ex-dividend date is Friday, July 31st.

Cardinal Energy Trading Down 1.2%

TSE CJ opened at C$11.07 on Wednesday. The company has a current ratio of 0.69, a quick ratio of 0.67 and a debt-to-equity ratio of 18.36. Cardinal Energy has a 1-year low of C$6.95 and a 1-year high of C$13.38. The firm’s fifty day simple moving average is C$11.28 and its 200-day simple moving average is C$10.76. The company has a market capitalization of C$1.94 billion, a PE ratio of 184.50, a price-to-earnings-growth ratio of -0.26 and a beta of 0.20.

Cardinal Energy (TSE:CJ) last released its quarterly earnings data on Tuesday, July 28th. The company reported C$0.38 earnings per share (EPS) for the quarter. Cardinal Energy had a return on equity of 1.14% and a net margin of 2.09%.The firm had revenue of C$193.44 million during the quarter. As a group, sell-side analysts anticipate that Cardinal Energy will post 0.625118 earnings per share for the current fiscal year.

About Cardinal Energy

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.