Cardinal Energy Ltd. (OTCMKTS:CRLFF – Get Free Report) shares were up 0.7% during mid-day trading on Friday . The stock traded as high as $4.48 and last traded at $4.48. Approximately 17,594 shares changed hands during trading, a decline of 61% from the average daily volume of 44,743 shares. The stock had previously closed at $4.45.
Cardinal Energy Stock Performance
The business has a 50 day moving average price of $4.65 and a two-hundred day moving average price of $4.83.
Cardinal Energy Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be given a $0.043 dividend. This represents a dividend yield of 10.78%. The ex-dividend date is Friday, November 29th. Cardinal Energy’s payout ratio is 8.93%.
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.
Featured Stories
- Five stocks we like better than Cardinal Energy
- How to Calculate Return on Investment (ROI)
- Dave & Buster’s: Is It Time to Make Another Play on This Stock?
- What Are Dividend Contenders? Investing in Dividend Contenders
- Why Hershey Stock Has More Room to Run Despite Takeover Rejection
- What Are Dividend Champions? How to Invest in the Champions
- Texas Instruments: The Old-School Tech Titan Still Delivering
Receive News & Ratings for Cardinal Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cardinal Energy and related companies with MarketBeat.com's FREE daily email newsletter.
