Headwater Exploration Inc. (OTCMKTS:CDDRF – Get Free Report) announced a dividend on Tuesday, December 24th,investing.com reports. Shareholders of record on Wednesday, January 1st will be paid a dividend of 0.0721 per share on Wednesday, January 15th. This represents a yield of 6.54%. The ex-dividend date of this dividend is Tuesday, December 31st.
Headwater Exploration Stock Performance
OTCMKTS CDDRF opened at $4.52 on Friday. The stock’s 50 day simple moving average is $4.80 and its 200 day simple moving average is $4.96. Headwater Exploration has a one year low of $4.06 and a one year high of $6.26.
Wall Street Analysts Forecast Growth
Separately, Raymond James assumed coverage on Headwater Exploration in a research note on Friday, October 18th. They issued a “market perform” rating and a $8.50 target price for the company.
About Headwater Exploration
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.
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