Bullboard - Stock Discussion Forum Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s): CRLFF

Energy Oil & Gas E&P

Cardinal Energy Ltd. is a Canadian oil and natural gas company with operations focused on low decline oil in Western Canada. The Company is engaged in the acquisition, development, optimization and production of crude oil and natural gas in the provinces of Alberta, British Columbia and Saskatchewan. Its operating areas include the Midale, South District, Central District, and North District... see more

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Cardinal Energy Ltd (Alberta) > CJ Dividend Question - Ps help

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Post by sevenseconds on Dec 30, 2022 9:30am

CJ Dividend Question - Ps help

I am planning to sell some CJ today to offset capital gains. Woud I still qualify for the divident payout for Jan 15th.

Thanks...

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Comment by 2021Gamble on Dec 30, 2022 9:47am

well, the answer to your question is yes, and no yes, you will receive the dividend as the ex-dividend date was yesterday, so you could have sold yesterday or today to receive the dividend. but here's the no. the last date to lock in capital losses for 2022 was also a few days ago. Any sale today will settle in the new year, and the capital loss will apply at the end of 2023 ...more

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Comment by sevenseconds on Dec 30, 2022 10:39am

Thanks 2021Gamble, I never thought of it. Learned my lesson.

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Comment by geric on Dec 30, 2022 10:16am

You're too late to benefit from the capital loss so you might as well hang on for the great dividends. Dec 28 was the last trade date to settle before year end.

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