Crescent Point Declares Regular Dividend C$0.10 And Special Dividend C$0.02
Portfolio Pulse from Benzinga Newsdesk
Crescent Point has announced a regular quarterly cash dividend of CDN $0.10 per share to be paid on January 2, 2024, and a special cash dividend of CDN $0.02 per share to be paid on November 22, 2023. These dividends are part of the company's return of capital framework, which includes share repurchases.
November 02, 2023 | 10:40 am
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Crescent Point's declaration of regular and special dividends may attract income-focused investors, potentially leading to a short-term increase in the stock price.
Dividends are a form of income for investors. The announcement of regular and special dividends can make a stock more attractive to income-focused investors, which can increase demand for the stock and potentially lead to a short-term increase in the stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100