Crescent Point Energy Corp. announced its Board of Directors has approved and declared a quarterly cash base dividend of $0.115 per share, an increase of 15% from the prior level as previously announced. The base dividend is payable on April 1, 2024 to shareholders of record on March 15, 2024.

Crescent Point's quarterly dividend is part of its overall return of capital framework that targets the return of 60% of excess cash flow to shareholders on an annual basis.