Murphy Oil (MUR) Raises Quarterly Dividend 42.9% to $0.25; 3.1% Yield

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Murphy Oil Corporation Announces 43 Percent Dividend Increase to $1.00 Per Share Annualized

August 3, 2022 11:14 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 $0.25 per share, or $1.00 per share on an annualized basis. This amount represents a 43 percent increase from the previous quarter and a 100 percent increase from fourth quarter 2021. The dividend is payable on September 1, 2022, to stockholders of record as of August 15, 2022.

ABOUT MURPHY OIL CORPORATION

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