Headwater Exploration Inc. Declares Dividend of $0.07 (OTCMKTS:CDDRF)

Posted by Carol Hyndes on Dec 24th, 2024

Headwater Exploration Inc. (OTCMKTS:CDDRF – Get Free Report) declared a dividend on Tuesday, December 24th,investing.com reports. Shareholders of record on Wednesday, January 1st will be given a dividend of 0.0721 per share on Wednesday, January 15th. This represents a yield of 6.54%. The ex-dividend date is Tuesday, December 31st.

Headwater Exploration Price Performance

Shares of CDDRF opened at $4.41 on Tuesday. Headwater Exploration has a 1 year low of $4.29 and a 1 year high of $6.26. The company’s 50 day simple moving average is $4.81 and its 200 day simple moving average is $4.97.

Wall Street Analyst Weigh In

Separately, Raymond James assumed coverage on shares of Headwater Exploration in a research report on Friday, October 18th. They issued a “market perform” rating and a $8.50 price objective for the company.

Check Out Our Latest Report on Headwater Exploration

Headwater Exploration Company Profile

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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.