CALGARY,
AB, Nov. 2, 2023 /PRNewswire/ - Crescent Point
Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE:
CPG) announces its Board of Directors has declared a quarterly cash
base dividend and a special cash dividend in alignment with the
Company's return of capital framework.
The quarterly cash base dividend of CDN $0.10 per share will be paid on January 2, 2024 for shareholders of record on
December 15, 2023. Based on Crescent
Point's third quarter 2023 financial results, a special cash
dividend of CDN $0.02 per share will
be paid on November 22, 2023 for
shareholders of record on November 15,
2023. Special dividends are used in combination with share
repurchases as part of the Company's return of capital framework,
to ensure that Crescent Point fulfills its targeted return to
shareholders for the quarter.
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."
FOR MORE INFORMATION ON CRESCENT POINT ENERGY, PLEASE
CONTACT:
Shant Madian, Vice
President, Capital Markets, or
Sarfraz Somani, Manager,
Investor Relations
Telephone: (403) 693-0020 Toll-free (US and Canada): 888-693-0020 Fax: (403)
693-0070
Address: Crescent Point Energy Corp. Suite 2000, 585 - 8th Avenue
S.W. Calgary AB T2P 1G1
www.crescentpointenergy.com
Crescent Point shares are traded on the Toronto Stock Exchange
and New York Stock Exchange under the symbol CPG.
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SOURCE Crescent Point Energy Corp.