---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-015665"
form_type: "8-K"
ticker: "RSRV"
cik: "0000083350"
company_name: "RESERVE PETROLEUM CO"
filed_at: "2023-05-24T23:59:59+00:00"
generated_at: "2026-06-14T16:50:58.987525+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Reserve Petroleum declares $10.00 per share cash dividend

## Summary
- Board declared $10.00 per share cash dividend, payable June 20, 2023 to holders of record June 7, 2023.
- All eight director nominees elected; HoganTaylor LLP ratified as independent auditor for 2023.
- Annual meeting held May 23, 2023; all proposals approved.

## SEC filing metadata
- accession: 0001437749-23-015665
- form_type: 8-K
- ticker: RSRV
- cik: 0000083350
- company_name: RESERVE PETROLEUM CO
- filed_at: 2023-05-24T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.07, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/83350/000143774923015665/0001437749-23-015665-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/83350/000143774923015665/rsrv20230524_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-015665
- JSON: https://secwatch.observer/filing/0001437749-23-015665.json
- Plain text: https://secwatch.observer/filing/0001437749-23-015665.txt

## Key facts
- Shareholder Votes
  RESERVE PETROLEUM CO shareholders approved Ratification of the Selection of HoganTaylor LLP as the Company’s Independent Registered Public Accountants for 2023 at the 2023-05-23 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-05-23
  source text: 2. – Ratification of the Selection of HoganTaylor LLP as the Company’s Independent Registered Public Accountants for 2023 91,399 20 12,356 --- All eight nominated Directors were elected to serve for terms of one year each and the selection of HoganTaylor LLP as the Company’s Independent Registered Public Accountants for 2023 was ratified.
  evidence_url: https://www.sec.gov/Archives/edgar/data/83350/000143774923015665/0001437749-23-015665-index.htm
- Shareholder Votes
  RESERVE PETROLEUM CO shareholders approved Election of Eight Directors at the 2023-05-23 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-23
  source text: 1. – Election of Eight Directors Nominee For Against Abstentions Broker Non-votes James L. Tyler 91,890 --- 420 11,465 Robert L. Savage 91,390 --- 920 11,465 Marvin E. Harris, Jr. 92,091 --- 219 11,465 Eddy R. Ditzler 92,149 --- 161 11,465 William M.(Bill) Smith 91,987 --- 323 11,465 Doug S. Fuller 91,990 --- 320 11,465 Cameron R. McLain 91,890 --- 420 11,465 Kyle McLain 91,887 --- 423 11,465 2. – Ratification of the Selection of HoganTaylor LLP as the Company’s Independent Registered Public Accountants for 2023 91,399 20 12,356 --- All eight nominated Directors were elected to serve for terms of one year each and the selection of HoganTaylor LLP as the Company’s Independent Registered Public Accountants for 2023 was ratified.
  evidence_url: https://www.sec.gov/Archives/edgar/data/83350/000143774923015665/0001437749-23-015665-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
