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Crescent Point Energy Corp.’s board of directors declared a special cash dividend and a quarterly cash base dividend, the company said in a July 26 news release.
The special cash dividend amounts to CA$0.035 per share and will be payable on Aug. 15 for all shareholders of record on Aug. 8.
The quarterly cash base dividend amounts to CA$0.10 per share and will be payable on Oct. 2 for all shareholders of record as of Sept. 15.
Both dividends are considered “eligible dividends” for Canadian income tax purposes and “qualified dividends” for U.S. income tax purposes.
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