Solaris Oilfield Infrastructure (SOI) Initiates $0.10 Quarterly Dividend; 3.2% Yield

Solaris Oilfield Infrastructure (NYSE: SOI) declared a quarterly dividend of $0.10 per share, or $0.4 annualized.

The dividend will be payable on December 27, 2018, to stockholders of record on December 17, 2018, with an ex-dividend date of December 14, 2018.

The annual yield on the dividend is 3.2 percent.

Solaris Chairman and Chief Executive Officer Bill Zartler commented, “This dividend initiation reflects the Board’s and Management’s confidence that we have reached a scale where we can begin to return cash to our shareholders, while also continuing to invest in our growth and preserve our conservative balance sheet. Going forward, we will continue to look for ways to allocate capital that benefit Solaris’ stakeholders.”

For a dividend history and other dividend-related data on Solaris Oilfield Infrastructure (SOI) click here.

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