Archrock (AROC) Raises Quarterly Dividend 10% to $0.132; 4.1% Yield

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Go back to Archrock (AROC) Raises Quarterly Dividend 10% to $0.132; 4.1% Yield

Archrock Increases Quarterly Cash Dividend

July 26, 2018 6:30 AM EDT

HOUSTON, July 26, 2018 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (Archrock) today announced that its Board of Directors has declared a dividend of $0.132 per share of common stock, or $0.528 per share on an annualized basis. The dividend will be paid on August 14, 2018 to all stockholders of record on August 7, 2018.

The second quarter 2018 dividend represents an increase of 10 percent over the first quarter 2018 dividend of $0.12 per share.

We are pleased to resume dividend growth, and doing so a quarter ahead of the guidance we gave... More