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Bullboard - Stock Discussion Forum Pine Cliff Energy Ltd T.PNE

Alternate Symbol(s):  PIFYF

Pine Cliff Energy Ltd. is a Canada-based natural gas and crude oil company. The Company is engaged in the acquisition, exploration, development and production of natural gas and oil in the Western Canadian Sedimentary Basin and also conducts various activities jointly with others. The Company's operating areas include Central Assets, Edson Assets and Southern Assets. Its Central Assets include... see more

TSX:PNE - Post Discussion

Pine Cliff Energy Ltd > 25 cents per share dividend
View:
Post by Skylar1 on Jun 01, 2023 6:33am

25 cents per share dividend

That's what showed up in my RBC accounts yesterday from Pine Cliff , one account had over 220,000 shares so a 45,000.00 monthy div looked very nice lol . My first thought was PNE just spent all it's cash by mistake . After a few emails and a phone call Phil assured me the supercharged div didn't come from them. My TD accounts were normal and 24 hrs later RBC reversed the .25 and gave me a tiny 1 cent lol . Did anyone else experience this super div from RBC ?
Comment by Scotchlight1001 on Jun 01, 2023 11:25am
Yes. Called RBC and advised the transaction was a mistake and would be corrected by next morning (today). Tempted to reinvest right-away but this would only complicate the correction.
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