Amen Properties, Inc. (AMEN) Declares $7.50 Quarterly Dividend; 7.3% Yield
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Amen Properties Reports Results for Third Quarter of 2021 and Announces Dividend
December 6, 2021 3:05 PM ESTDALLAS--(BUSINESS WIRE)-- Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its fiscal quarter ended September 30, 2021. The Company posted quarterly revenue of $1.1 million and net income of $641 thousand. These results compare to revenue of $301 thousand and net income of $98 thousand for the same quarter last year. The Companys improvement in profitability was caused primarily by increased oil and gas revenue resulting from improved market conditions versus 2020 when the pandemic dramatically decreased demand.
Amen also announced that the Companys Board of Directors has approved the payment of a... More
