W&T Offshore initiates quarterly cash dividend of $0.01 per share

W&T OFFSHORE INC

Board declares initial quarterly cash dividend of $0.01/share, payable Dec 22, 2023 to holders of record Nov 28, 2023.
First dividend in company history; CEO Krohn cites strong balance sheet and free cash flow generation.
Dividend program intends to return a portion of quarterly cash flow to shareholders.

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