Cardinal Energy Declares June Cash Dividend

Cardinal Energy (TSE:CJ) has released an update.

Cardinal Energy Ltd. has announced a cash dividend of $0.06 per common share, payable to shareholders on June 14, 2024, with a record date of May 31, 2024. The Canadian oil and natural gas company, known for its low-decline oil assets in Western Canada, is also starting its first thermal SAGD oil development project to enhance long-term sustainability.

For further insights into TSE:CJ stock, check out TipRanks’ Stock Analysis page.