Cobra Venture (TSE:CBV) has released an update.
Cobra Venture Corporation has declared a special one-time dividend of $0.027 per share, payable on May 2, 2024, to shareholders of record by April 16, with a total payout of $446,951. This move reflects the company’s strong year-end financial position and a commitment to shareholder interests, while no future dividends are currently planned. Additionally, Cobra has exited an oil and gas project, resulting in a $32,357 write-down.
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