dividend
confidence high
sentiment positive
materiality 0.60
Matador Resources increases quarterly cash dividend 25% to $0.25 per share
Matador Resources Co
- $0.25/share quarterly dividend, up 25% from $0.20, payable Dec 6, 2024 to shareholders of record Nov 15, 2024.
- Fifth dividend increase in four years; new annual rate $1.00/share vs prior $0.80/share.
- Dividend policy revised to reflect $0.25/share per quarter beginning Q4 2024.
- Chairman cites commitment to returning value and growing financial strength.