Crescent Point Confirms Quarterly Dividend

Rhea-AI Summary

Crescent Point Energy has declared a quarterly cash dividend of CDN $0.0025 per share, payable on October 1, 2021. Shareholders must be on record by September 15, 2021. These dividends are categorized as eligible dividends for Canadian tax purposes and as qualified dividends for U.S. tax purposes. This move demonstrates Crescent Point's commitment to returning value to its shareholders amidst current market conditions.

Positive

• Quarterly cash dividend of CDN $0.0025 per share announced.
• Dividends categorized as eligible for Canadian tax and qualified for U.S. tax.

Negative

• None.

CALGARY, AB, July 28, 2021 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point") (TSX: CPG) (NYSE: CPG) announces its Board of Directors has declared a quarterly cash dividend of CDN $0.0025 per share to be paid on October 1, 2021 for shareholders of record on September 15, 2021.

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:

Brad Borggard, Senior Vice President, Corporate Planning and Capital Markets, or
Shant Madian, Vice President, Investor Relations and Corporate Communications
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.

View original content:https://www.prnewswire.com/news-releases/crescent-point-confirms-quarterly-dividend-301342473.html

SOURCE Crescent Point Energy Corp.

FAQ

What is the dividend amount declared by Crescent Point Energy for Q3 2021?

Crescent Point Energy declared a quarterly cash dividend of CDN $0.0025 per share for Q3 2021.

When will the dividend be paid to shareholders of Crescent Point Energy?

The dividend will be paid on October 1, 2021.

What is the record date for Crescent Point Energy's upcoming dividend?

The record date for the dividend is September 15, 2021.

How are Crescent Point Energy's dividends categorized for tax purposes?

The dividends are considered eligible dividends for Canadian tax purposes and qualified dividends for U.S. tax purposes.