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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TSX:CJ - Post Discussion

Cardinal Energy Ltd (Alberta) > Leading up to ex-dividend date of June 30th

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Post by scienceguy36 on Jun 27, 2022 3:47pm

Leading up to ex-dividend date of June 30th

Expecting the SP to rise leading up to June 30th.
At current price of $7.38 the dividend is 8.13%
At $8.50 the dividend is 7.0%

Investors, whether individual or institutions will scramble to get at least a 7% (5 cents per share) dividend.

IMHO

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