Crescent Point Energy (CPG) Raises Quarterly Dividend to C$0.08

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Go back to Crescent Point Energy (CPG) Raises Quarterly Dividend to C$0.08

Crescent Point Increases Quarterly Dividend, Provides Updated Return of Capital Framework and Releases Sustainability Report

July 6, 2022 4:35 PM EDT

CALGARY, AB, July 6, 2022 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) and (NYSE: CPG) is pleased to announce an increase to its quarterly dividend, an updated return of capital framework, the disposition of non-core assets, updated 2022 guidance and the release of its annual Sustainability Report.

KEY HIGHLIGHTS 

Achieved near-term net debt target earlier than anticipated, benefitting from proceeds of $300 million from asset dispositions.Increasing quarterly base dividend over 20... More