Cabot Oil & Gas (COG) Misses Q3 EPS by 3c, Revenues Beat
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Cabot Oil & Gas (COG) Raises Quarterly Dividend 16.7% to $0.07, 1.3% Yield; Provides Prelim. 2019 Operating Plan & Capital Allocation Strategy
October 26, 2018 6:39 AM EDTCabot Oil & Gas (NYSE: COG) declared a quarterly dividend of $0.07 per share, or $0.28 annualized. This is a 16.7% increase from the prior dividend of $0.06.
The dividend will be payable on November 16, 2018, to stockholders of record on November 7, 2018, with an ex-dividend date of November 6, 2018.
The annual yield on the dividend is 1.3 percent.
"With the in-service of the Atlantic Sunrise pipeline project now in the rearview mirror, we have full confidence in the Company's ability to generate significant free cash flow in the coming years," commented Dinges. "As a result, we are... More
