Strathcona Resources Increases Quarterly Dividend by 6.7% to CAD 0.32

Strathcona Resources Ltd. (SCR:CA) has announced a 6.7% increase in its quarterly dividend, raising the payout from CAD 0.30 to CAD 0.32 per share. This move reflects the company's ongoing focus on leveraging brownfield heavy oil growth as a manufacturing advantage within its operations. The increased dividend results in a forward yield of 2.49%. Shareholders of record as of December 4 will be eligible for the payment, which is scheduled to be paid out on December 14.

By https://seekingalpha.com/user/54603272/bio · Seeking Alpha ·

Strathcona Resources Increases Quarterly Dividend by 6.7% to CAD 0.32

Tickers: $STHRF

Topics: dividend increase heavy oil quarterly dividend

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