Cardinal Energy Ltd (Alberta) T.CJ

Dividend schedule

[egee]

So with the announced monthly Div for November set @ .06
that would mean 3q results are kinda irrelevant, or does it set up a further increase into december
Why talk about November when it could have been a topic for October
my initial take is there is a lot more money available for divys and divys than they are revealing

[JayBanks]

  Is that really your "Initial take"? Please tell us more... it's taken a couple months for you to give us this first take... Several of us have been discussing how light they went on the dividend payment since the inital announcement of it' reinstatement even the company mentioned how light they went out of cautiousness when they made thier intial statement on it

[MohelJFox]

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

[MohelJFox]

  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.