PDC Energy (PDCE) Declares $0.65 Special Dividend; 1% Yield

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Go back to PDC Energy (PDCE) Declares $0.65 Special Dividend; 1% Yield

PDC Energy Declares Quarterly Cash Dividend and Additional Special Dividend on Common Shares

December 7, 2022 4:05 PM EST

DENVER, Dec. 07, 2022 (GLOBE NEWSWIRE) -- PDC Energy, Inc. (PDC or the Company) (Nasdaq: PDCE) announced today that its Board of Directors declared a special dividend of $0.65 per share in addition to a quarterly cash dividend of $0.35 per share on PDCs outstanding common stock. The dividends are payable on December 28, 2022, to stockholders of record at the close of business on December 19, 2022.

For the full year of 2022, PDC anticipates returning approximately $1 billion to shareholders through share repurchases, base dividend payments and the special dividend. Inclusive of the combined $1.00 base and special dividend payments in... More