Headwater Exploration Inc. (CDDRF) to Issue Dividend of $0.08 on April 15th

Headwater Exploration Inc. (OTCMKTS:CDDRF) declared a dividend on Saturday, March 22nd, investing.com reports. Stockholders of record on Tuesday, April 1st will be given a dividend of 0.0764 per share on Tuesday, April 15th. This represents a dividend yield of 6.88%. The ex-dividend date is Monday, March 31st. This is a 5.9% increase from Headwater Exploration’s previous dividend of $0.07.

Headwater Exploration Trading Down 1.4 %

Shares of CDDRF stock opened at $4.50 on Friday. The firm’s 50-day simple moving average is $4.56 and its 200-day simple moving average is $4.73. Headwater Exploration has a 1-year low of $3.89 and a 1-year high of $6.26.

Headwater Exploration Company Profile

Headwater Exploration Inc engages in the exploration, development, and production of petroleum and natural gas in Canada. It holds interest in the Marten Hills area located in Alberta, and McCully Field area located in New Brunswick. The company was formerly known as Corridor Resources Inc and changed its name to Headwater Exploration Inc in March 2020.