Berry Petroleum (BRY) Declares $0.12 Quarterly Dividend; 3.6% Yield

Berry Petroleum (NASDAQ: BRY) declared a quarterly dividend of $0.12 per share, or $0.48 annualized. The dividend will be payable on October 15, 2018, to stockholders of record on September 15, 2018, with an ex-dividend date of September 13, 2018. The annual yield on the dividend is 3.6 percent.

On August 21, 2018 the Board declared a regular dividend for the third quarter at a rate of $0.12 per share on the company’s outstanding common stock pro-rated for the period from and including July 25, 2018 through quarter end resulting in a payment of $0.09 per share. At the closing price of BRY stock on August 21, the implied dividend yield is 3.6%. This is the first regular quarterly dividend paid by the Company, and the Company, subject to approval by the Board, intends to pay a similar dividend in future quarters.

For a dividend history and other dividend-related data on Berry Petroleum (BRY) click here.

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