Canacol Energy Ltd (OTCMKTS:CNNEF) Declares $0.04 Dividend

Canacol Energy Ltd (OTCMKTS:CNNEF – Get Rating) announced a dividend on Wednesday, June 22nd, investing.com reports. Investors of record on Thursday, June 30th will be given a dividend of 0.04 per share on Friday, July 15th. This represents a dividend yield of 7.55%. The ex-dividend date of this dividend is Wednesday, June 29th.

OTCMKTS:CNNEF opened at $2.10 on Thursday. Canacol Energy has a one year low of $1.96 and a one year high of $3.33. The stock has a 50 day moving average price of $2.25 and a 200 day moving average price of $2.43.

Canacol Energy (OTCMKTS:CNNEF – Get Rating) last posted its quarterly earnings results on Thursday, May 12th. The company reported $0.14 EPS for the quarter. The company had revenue of $73.67 million during the quarter.

Separately, BMO Capital Markets lowered their price target on Canacol Energy from C$4.00 to C$3.50 in a research report on Friday, May 13th.

About Canacol Energy (Get Rating)

Canacol Energy Ltd., an oil and gas company, engages in the exploration, development, and production of natural gas in Colombia. As of December 31, 2021, it had a total proved developed producing reserves of 236 billion cubic feet (Bcf) conventional natural gas; a total proved plus probable reserves of 607 Bcf conventional natural gas; and a total proved reserves of 368 Bcf conventional natural gas.

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