CALGARY,
AB, March 2, 2023 /CNW/ - Crescent Point
Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE:
CPG) announces its Board of Directors has declared a special
dividend and confirms the previously announced quarterly base
dividend in alignment with the Company's return of capital
framework.
A special cash dividend of $0.032
per share based on Crescent Point's fourth quarter 2022 financial
results will be paid on March 17,
2023 to shareholders of record on March 10, 2023. As previously announced, the
company's quarterly base dividend of $0.10 per share will be paid on April 3, 2023 to shareholders of record on
March 15, 2023.
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.