Magnolia Oil & Gas Corporation (MGY) Declares $0.08 Semi-Annual Dividend; 1.2% Yield

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Go back to Magnolia Oil & Gas Corporation (MGY) Declares $0.08 Semi-Annual Dividend; 1.2% Yield

Magnolia Oil & Gas Announces Its First Semi-Annual Interim Dividend Payment

August 2, 2021 12:11 PM EDT

HOUSTON--(BUSINESS WIRE)-- Magnolia Oil & Gas Corporation (NYSE: MGY) announced today that its Board of Directors declared a semi-annual interim cash dividend of $0.08 per share of Class A common stock, and a cash distribution of $0.08 per Class B unit payable on September 1, 2021 to shareholders of record as of August 12, 2021.

We believe this dividend payment level is secure and sustainable with oil prices at... More