Cardinal Energy Ltd. (OTCMKTS:CRLFF) Announces Dividend of $0.04

Cardinal Energy Ltd. (OTCMKTS:CRLFF) declared a dividend on Friday, February 21st, investing.com reports. Stockholders of record on Monday, March 3rd will be paid a dividend of 0.0419 per share on Monday, March 17th. This represents a dividend yield of 11.15%. The ex-dividend date of this dividend is Friday, February 28th. This is a positive change from Cardinal Energy’s previous dividend of $0.04.

Cardinal Energy Stock Down 2.6 %

Shares of Cardinal Energy stock opened at $4.54 on Wednesday. The stock’s fifty day simple moving average is $4.52 and its 200 day simple moving average is $4.67. Cardinal Energy has a 12 month low of $4.00 and a 12 month high of $5.39.

Cardinal Energy Company Profile

Cardinal Energy Ltd. engages in the acquisition, development, optimization, and production of petroleum and natural gas in the provinces of Alberta, British Columbia, and Saskatchewan. Cardinal Energy Ltd. was incorporated in 2010 and is headquartered in Calgary, Canada.