Cardinal Energy Announces August Dividend Payment

Cardinal Energy Ltd., a Canadian oil and natural gas production company, has announced its monthly dividend for August. The company's Board of Directors declared that $0.06 per common share will be paid to shareholders on September 15, 2026. To receive the payment, investors must be listed as shareholders by August 31, 2026.

The dividend has been designated as an 'eligible dividend' for Canadian income tax purposes. This means that eligible investors can claim a reduced tax rate on their dividend income. Cardinal Energy's focus is on low-decline sustainable oil production in Western Canada, with a portfolio of conventional and SAGD projects.