Cardinal Energy Ltd. (OTCMKTS:CRLFF) Raises Dividend to $0.04 Per Share

Cardinal Energy Ltd. (OTCMKTS:CRLFF) announced a dividend on Saturday, September 21st, investing.com reports. Investors of record on Tuesday, October 1st will be given a dividend of 0.0442 per share on Tuesday, October 15th. This represents a yield of 11.18%. The ex-dividend date of this dividend is Monday, September 30th. This is an increase from Cardinal Energy’s previous dividend of $0.04.

Cardinal Energy Stock Performance

Shares of OTCMKTS CRLFF opened at $4.75 on Monday. The firm has a fifty day simple moving average of $4.96 and a two-hundred day simple moving average of $5.01. Cardinal Energy has a 12 month low of $4.24 and a 12 month high of $5.81.

About Cardinal Energy

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.