Attractive Overall Package for Income Investors
Cardinal Energy offers an impressive overall package for income investors that includes both high dividend yield and stability, along with growth opportunities. With a current dividend yield of over 10 percent, paid monthly, the company is particularly attractive for investors seeking regular returns.
Key Facts about Dividend and Yield
- The annualized dividend yield is about 10.4% (as of July 2025), based on a share price of 6.93 CAD and an annual dividend of 0.72 CAD per share.
- In 2024, the yield was around 11.11%, highlighting the stability of the payouts.
- Cardinal has been paying stable monthly dividends of 0.06 CAD per share for almost three years.
- There have been no dividend cuts in recent years, but also no increases.
Balance Sheet and Growth
Cardinal Energy has reduced its debt and boasts a conservative financial structure that reduces risk for investors. Additionally, a high-growth thermal field project in the pipeline may provide additional income in the future, strengthening the basis for further dividend distributions.
Other Metrics
| Metric | Value (approx.) |
|---|---|
| Market Capitalization | approx. 1.11 billion CAD |
| Earnings per Share (2024) | approx. 0.68 CAD |
| P/E Ratio (2024) | approx. 9.5 |
These figures indicate a favorable valuation level alongside a high payout compared to earnings per share.
Conclusion: Cardinal Energy is particularly interesting for investors looking for passive income through stable monthly dividend payouts. With high yields exceeding 10 percent, a conservative balance sheet, and growth potential, it is an exciting candidate in the field of Canadian small caps.