Evolution Petroleum (EPM) Declares $0.05 Quarterly Dividend; 3.3% Yield

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Go back to Evolution Petroleum (EPM) Declares $0.05 Quarterly Dividend; 3.3% Yield

Evolution Petroleum Announces Quarterly Cash Dividend; Participation in IDEAS Investor Conference in Dallas

November 16, 2015 5:00 PM EST

HOUSTON, Nov. 16, 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 December 31, 2015, to shareholders of record as of the close of business on December 15, 2015.

Randy Keys, President and Chief Financial Officer, commented: "Our crude oil price hedges continue to protect about two-thirds of our production at WTI prices above $51 through March of 2016, which supports our quarterly dividend... More