RE:Cardinal Energy 11.2% divvyCJ has a monthly dividend at 6 cents (~1% return). The share price is in a freefall so you can easily lose double that in the few hours that you own it for the dividend. CJ has old assets with limited drilling inventory, persistent debt, and an unaffordable dividend that will eventually be cut at these prices.
On the other hand, HWX pays a quarterly dividend of 10 cents with tomorrow the last day to be an owner of record. HWX is a high growth company with no debt, and affordable dividend (down to $45 WTI) and a stable share price.
Finally, BTE is severely undervalued with 25% FCF yield at $70 WTI. It is on the verge of a rerating that will see it rise much more than 1% AND you won't have to pay tax on those returns this year unless you sell.
Choose wisely.
TheWokeLemming wrote: Must own by close tomorrow to get June shareholder of record.