CALGARY,
AB, Oct. 26, 2022 /PRNewswire/ - Crescent
Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG)
(NYSE: CPG) announces its Board of Directors has declared both a
special dividend in alignment with the Company's return of capital
framework and a quarterly base dividend.
A special cash dividend of CDN $0.035 per share based on Crescent Point's third
quarter 2022 financial results will be paid on November 14, 2022 to shareholders of record on
November 4, 2022. The base dividend
amount of CDN $0.08 per share will be
paid on January 3, 2023 to
shareholders of record on December 15,
2022.
Crescent Point's total return of capital offering for
shareholders includes a combination of a base dividend, accretive
share repurchases and special dividends.
The 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.