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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. Its Midale operating area of over 730 million barrels of original oil in place (OOIP) and its low decline in production of 3,200 barrels of oil equivalent per day (boe/d) (net) is supported by both waterflood and CO2 enhanced oil recovery. Its South District operating area is located east of Calgary in southeastern Alberta and produces medium gravity crude, as well as liquids-rich natural gas. Its Central District operation is located in East Central Alberta, which is focused on producing oil from multiple, large OOIP pools. Its North area includes Grande Prairie, Clearwater and other properties.


TSX:CJ - Post by User

Cardinal Energy Ltd (Alberta) > CJ Dividend Question - Ps help
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Comment by 2021Gambleon Dec 30, 2022 9:47am
285 Views
Post# 35196796

RE:CJ Dividend Question - Ps help

RE:CJ Dividend Question - Ps helpwell, 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...

so yes, you will get the dividend, but not the benefits of the capital loss for 2022

not investment advice of course, just info for you

sevenseconds wrote: 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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