Mammoth Energy Services (TUSK) Declares $0.125 Quarterly Dividend; 1.4% Yield

Mammoth Energy Services (NASDAQ: TUSK) declared a quarterly dividend of $0.125 per share, or $0.5 annualized.

The dividend will be payable on August 14, 2018, to stockholders of record on August 7, 2018, with an ex-dividend date of August 6, 2018.

The annual yield on the dividend is 1.4 percent.

“Mammoth’s strong financial results and favorable outlook support an increased level of growth capex as well as some balanced return of capital to our stockholders,” said Arty Straehla, Chief Executive Officer. “The regular quarterly cash dividend provides benefit to Mammoth’s existing stockholders as well as broadening Mammoth’s exposure to additional income oriented investors. We are committed to creating long-term stockholder value, and developing a sustainable, diversified earnings platform to drive growth in fiscal 2018 and beyond.”

For a dividend history and other dividend-related data on Mammoth Energy Services (TUSK) click here.

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