Murphy Oil (MUR) Raises Quarterly Dividend 16.7% to $0.175; 1.7% Yield

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Go back to Murphy Oil (MUR) Raises Quarterly Dividend 16.7% to $0.175; 1.7% Yield

Murphy Oil Corporation Announces 17 Percent Dividend Increase to $0.70 Per Share Annualized

April 6, 2022 10:31 AM EDT

HOUSTON--(BUSINESS WIRE)-- The Board of Directors of Murphy Oil Corporation (NYSE: MUR) today declared a quarterly cash dividend on the Common Stock of Murphy Oil Corporation of $0.175 per share, or $0.70 per share on an annualized basis. This amount represents a 17 percent increase from the previous quarter and a 40 percent increase from fourth quarter 2021. The dividend is payable on June 1, 2022, to stockholders of record as of May 16, 2022.

ABOUT MURPHY OIL CORPORATION

As an independent oil and natural gas exploration and production company, Murphy Oil Corporation believes in providing... More