Crescent Point Energy to pay special dividend after blockbuster profit

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Crescent Point Energy is rewarding shareholders with a special dividend after reporting blockbuster earnings. Find out more

The Calgary-based oil producer declared a special dividend of 3.5 cents per share payable to shareholders of record as of Nov. 4 in addition to the company’s regular quarterly dividend of eight cents per share.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

Crescent Point announced an anticipated 2023 capital budget of between $1 billion and $1.1-billion — an increase over the budget it announced for 2022, which was previously pegged between $875 million and $900 million and revised to $950 million thanks to higher inflation.

 

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