Crescent Point Energy announces 3.5c per share special cash dividend

Crescent Point Energy announced its board of directors has declared a special cash dividend and a quarterly cash base dividend in alignment with the company’s return of capital framework. The special cash dividend of CDN $0.035 per share is based on Crescent Point’s second quarter 2023 financial results and will be paid on August 15 for shareholders of record on August 8. The quarterly cash base dividend of CDN 10c per share will be paid on October 2 for shareholders of record on September 15. These dividends are designated as “eligible dividends” for Canadian income tax purposes. For U.S. income tax purposes, Crescent Point’s dividends are considered “qualified dividends.”