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

Alternate Symbol(s):  CRLFF

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

TSX:CJ - Post Discussion

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Post by BushBoy4488 on Sep 16, 2022 6:01pm

Dividends

New to CJ , is the divided now 9% a year?
Comment by CJInvestor on Sep 16, 2022 8:02pm
Welcome! Yes it is over 9 at closing price today. Hard to believe I know! But management has been treating us very well. And it could get better in a couple of months with another increase and more buy backs so get ready for some very interesting times ahead!
Comment by BushBoy4488 on Sep 16, 2022 10:28pm
Wow... hard to believe 9% divided the most by far of any oil company I follow I don't understand how this stock has been abit flat last few months considering that large divided. Hopefully we see any increase with the share price in the coming months 
Comment by MohelJFox on Sep 16, 2022 11:27pm
  You might want to look around for other already debt free companies Pizon. CJ = 7.79/.72 (first increased payment coming Nov 15) 9.24 % yield  GXE = 1.25/.12 (already applied) 9.6 % yield <<<< winner 
Comment by CJInvestor on Sep 17, 2022 8:23am
Or be a good investor and buy a bit of both?!
Comment by Winnipeg40 on Sep 17, 2022 11:00am
Look at Devon Energy   Higher yield
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