APA Corporation (APA) Raises Quarterly Dividend 100% to $0.125; 1.8% Yield

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APA Corporation Increases Cash Dividend on Common Shares

November 3, 2021 4:01 PM EDT

HOUSTON, Nov. 03, 2021 (GLOBE NEWSWIRE) -- The board of directors of APA Corporation (Nasdaq: APA) has declared a regular cash dividend on the company's common shares, increasing the quarterly dividend rate to 12.5 cents per share, up from 6.25 cents per share.

The dividend on APA common shares is payable Feb. 22, 2022, to stockholders of record on Jan. 21, 2022. On an annualized basis, the dividend increases to 50 cents per share, up 100% from the previous annualized level of 25 cents per share.

Our second dividend increase announced in 2021 further demonstrates our commitment to returning a higher... More