Crescent Point Energy Corp.’s board of directors declared a special cash dividend and a quarterly cash base dividend, the company said in a July 26 news release.
The special cash dividend amounts to CA$0.035 per share and will be payable on Aug. 15 for all shareholders of record on Aug. 8.
The quarterly cash base dividend amounts to CA$0.10 per share and will be payable on Oct. 2 for all shareholders of record as of Sept. 15.
Both dividends are considered “eligible dividends” for Canadian income tax purposes and “qualified dividends” for U.S. income tax purposes.
Recommended Reading
PrairieSky Adds $6.4MM in Mannville Royalty Interests, Reduces Debt
2024-04-23 - PrairieSky Royalty said the acquisition was funded with excess earnings from the CA$83 million (US$60.75 million) generated from operations.
Will the Ends Justify the Means for W&T Offshore?
2024-03-11 - After several acquisitions toward the end of 2023, W&T Offshore executives say the offshore E&P is poised for a bounce-back year in 2024.
Exxon Mobil, Chevron See Profits Fall in 1Q Earnings
2024-04-26 - Chevron and Exxon Mobil are feeling the pinch of weak energy prices, particularly natural gas, and fuels margins that have cooled in the last year.
Uinta Basin: 50% More Oil for Twice the Proppant
2024-03-06 - The higher-intensity completions are costing an average of 35% fewer dollars spent per barrel of oil equivalent of output, Crescent Energy told investors and analysts on March 5.
Canadian Natural Resources Boosting Production in Oil Sands
2024-03-04 - Canadian Natural Resources will increase its quarterly dividend following record production volumes in the quarter.