dividend
confidence high
sentiment neutral
materiality 0.50
Mexco Energy declares $0.10 annual dividend, authorizes $1M share repurchase program
MEXCO ENERGY CORP
- Board declared annual cash dividend of $0.10 per share, payable June 4, 2024 to holders of record May 21, 2024.
- Authorized up to $1,000,000 for common stock repurchases, replacing prior program that had $414,964 remaining.
- During year ended March 31, 2024, the company repurchased 50,101 shares at avg price of $11.68 per share.
- Dividend and repurchase program remain subject to board discretion; no assurance of future payments.