Evolution Petroleum (EPM) Declares $0.05 Quarterly Dividend; 2.9% Yield

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Go back to Evolution Petroleum (EPM) Declares $0.05 Quarterly Dividend; 2.9% Yield

Evolution Petroleum Announces Quarterly Cash Dividend on Common Stock

May 14, 2015 5:03 PM EDT

HOUSTON, May 14, 2015 /PRNewswire/ -- Evolution Petroleum Corporation (NYSE MKT: EPM) ("Evolution" or the "Company") announced today that its Board of Directors has declared a quarterly cash dividend of $0.05 per common share, a rate of $0.20 per share on an annualized basis, payable on June 30, 2015, to shareholders of record as of the close of business on June 15, 2015.

Expected Tax Treatment of Dividends    

Based on our current projections for the fiscal year ending June 30, 2015, we expect preferred stock dividends will be treated as qualified dividend income and... More