Cardinal Energy Ltd. Announces Monthly Dividend for June

Source Press Release
Company Cardinal Energy Group, Inc. 
Tags Strategy - Corporate
Date June 10, 2019

Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) confirms that a dividend of $0.01 per common share will be paid on July 15, 2019 to shareholders of record on June 28, 2019. The Board of Directors of Cardinal has declared the dividend payable in cash. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes.

As previously announced, Cardinal will be increasing its dividend by 50% to $0.015 per month ($0.18/year) effective for the July dividend payable on August 15, 2019.

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