PDC Energy (PDCE) Declares $0.50 Special Dividend; 0.9% Yield

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PDC Energy Declares Special Dividend in Addition to Quarterly Cash Dividend on Common Stock

December 7, 2021 5:15 PM EST

DENVER, Dec. 07, 2021 (GLOBE NEWSWIRE) -- PDC Energy, Inc. (PDC or the Company) (Nasdaq: PDCE) announced today that its Board of Directors declared a special dividend of $0.50 per share in addition to a quarterly cash dividend of $0.12 per share on PDCs outstanding common stock. The dividends are payable on December 29, 2021 to stockholders of record at the close of business on December 17, 2021.

PDCs total 2021 shareholder returns, consisting of share repurchases and base dividend payments through November 30 and the anticipated dividend payments in December, equate to approximately $210 million. The Company maintains an active share repurchase program and... More