Dividend Growth of Crescent Point Energy Corporation(CPG)

Crescent Point Energy Corporation(CPG) is having a Dividend Yield of 2.32% with the Annual cash Dividend per share of $0.37. The last quarter cash dividend per share pay out was $0.07. Crescent Point Energy Corporation has a 5 year average dividend yield of 6.4% and the stock has a Indicated annual dividend of $0.27. Crescent Point Energy Corporation(CPG) formally announced its most recent dividend on February 15, 2017 with a Dividend per share of $0.02. The new indicated annual dividend based on announced dividend per share is $0.28. The dividend yield based on the forward looking indicated annual dividend is 2.39%. Crescent Point Energy Corporation(CPG) has the most recent dividend payout ratio of 0.76 with a 5-year average payout ratio of 3.52. The 5 year historical dividend growth of Crescent Point Energy Corporation(CPG) is at the rate of -41.53% while the R-Squared dividend growth is 0.73. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Crescent Point Energy Corporation (NYSE:CPG) witnessed a decline in the market cap on Thursday as its shares dropped 0.43% or 0.05 points. After the session commenced at $11.59, the stock reached the higher end at $11.68 while it hit a low of $11.47. With the volume soaring to 727,674 shares, the last trade was called at $11.52. The company has a 52-week high of $18.95. The company has a market cap of $6,237 million and there are 541,379,660 shares in outstanding. The 52-week low of the share price is $10.46. Shares of Crescent Point Energy Corp. appreciated by 4.44% during the last five trading days but lost 4.48% on a 4-week basis. Crescent Point Energy Corp. has dropped 3.52% during the last 3-month period . Year-to-Date the stock performance stands at -15.23%.

Institutional Investors own 39.28% of Crescent Point Energy Corporation shares. Crescent Point Energy Corporation Ordinary Shares (Canada) Last issued its quarterly earnings results on Nov 10, 2016. The company reported $-0.04 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $-0.07.Analysts expectations of $ 646.12.

Crescent Point Energy Corp. is engaged in the acquisition, exploration and development of oil and natural gas properties in Western Canada. The Companys operations consist of light and medium oil and natural gas assets strategically focused in core areas in southern Saskatchewan and central and southern Alberta. Crescent Point Energy Corp., formerly known as Crescent Point Energy Trust, is headquartered in Calgary, Canada.


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