Cardinal Energy Ltd. (OTCMKTS:CRLFF) to Issue $0.04 Dividend

Cardinal Energy Ltd. (OTCMKTS:CRLFF) announced a dividend on Tuesday, December 24th,investing.com reports. Investors of record on Wednesday, January 1st will be paid a dividend of 0.0423 per share on Wednesday, January 15th. This represents a yield of 11.67%. The ex-dividend date of this dividend is Tuesday, December 31st.

Cardinal Energy Trading Up 2.1 %

Shares of CRLFF opened at $4.35 on Tuesday. The firm has a fifty day simple moving average of $4.59 and a two-hundred day simple moving average of $4.80. Cardinal Energy has a 1-year low of $4.00 and a 1-year 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.