RE:RE:Dividend schedule MohelJFox wrote: October November December = Q3
The first 6 cent payout is labeleled as an October dividend, which requires being a shareholder by the end of October, and paid out mid November. This shouldn't be hard to grasp ?
I feel they are going to follow quarterly changes now rather than monthly. Saying that I expect no changes in Q3's results, and depending on where we are at with $100 oil by December, year end results may or may not be any different either. The only change we need is SP appreciation for the returns we receive.
"Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) confirms that our September dividend of $0.05 per common share will be paid on October 17, 2022 to shareholders of record on September 30, 2022."
"Cardinal will pay the increased dividend for the fourth quarter of 2022 (October/November/December)."
(And they say it couldn't be done ) >>>>>>>We will also continue to opportunistically use our normal course issuer bid to enhance shareholder value.
Fat thumbs strike again Oct Nov Dec = Q4
Q3 should be interesting not irrelevant, let's see what the updated/increased cap-ex brings, more production ? Maybe we get another 500-1000 bpd ? A tally of debt, and the pace we paid it back at $80-90 oil. Despite the doom and gloom in the markets, the USD is really working in our favour here.