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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

Cardinal Energy Ltd (Alberta) > I expect $0.06 dividend announcement to be maintain for next
View:
Post by loopsbutterfly on Nov 11, 2024 4:29pm

I expect $0.06 dividend announcement to be maintain for next

why.....insiders are buying today
Comment by UltraTired on Nov 14, 2024 10:39am
You were calling for the dividend to be reduced, now you think it will be maintained???? What???
Comment by loopsbutterfly on Nov 14, 2024 11:38am
I said the dividend is far too high but it will be maintain as I said...at least until the end of the year... just a guess
Comment by UltraTired on Nov 14, 2024 2:24pm
The payout ratio is below 100%, how is that far too high?
Comment by loopsbutterfly on Nov 14, 2024 8:46pm
payout should be at  around 50% maximum...just take a look at many other companies with dividend and check their payout then you will understand a company should always keep money for running the business and build cash reserve for many other things...
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