Matador Resources (MTDR) Raises Quarterly Dividend 100% to $0.05; 0.5% Yield
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Matador Resources Company Announces Revised Dividend Policy and Doubles Quarterly Cash Dividend
October 25, 2021 6:01 AM EDTDALLAS--(BUSINESS WIRE)-- Matador Resources Company (NYSE: MTDR) (Matador or the Company) today announced that its Board of Directors (the Board) amended the Companys dividend policy pursuant to which the Company intends to pay quarterly cash dividends on its common stock of $0.05 per share, which is an increase from its prior policy of $0.025 per share initiated earlier this year. Pursuant to this revised policy, the Board declared a quarterly cash dividend of $0.05 per share of common stock payable on December 1, 2021 to shareholders of record as of November 10, 2021.
Joseph Wm. Foran, Matadors Chairman and... More
