Cardinal Energy Ltd. Appoints Dale Orton as Vice President; Confirms Monthly Dividend for December 2016, Payable on January 16, 2017
The company confirmed that a dividend of $0.035 per common share for December 2016 will be paid on January 16, 2017 to shareholders of record on December 30, 2016 with an ex-dividend date of December 28, 2016. The Board of Directors of the company y has declared the dividend payable in either cash or common shares at the election of the shareholder. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes.