Unit Corporation (UNTC) Declares $10.00 Special Dividend; 17.3% Yield

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Go back to Unit Corporation (UNTC) Declares $10.00 Special Dividend; 17.3% Yield

Unit Corporation Declares Special Cash Dividend and Approves Quarterly Cash Dividend Policy

January 5, 2023 1:47 PM EST

TULSA, Okla.--(BUSINESS WIRE)-- Unit Corporation (OTC Pink: UNTC) (Company) announced today that its Board of Directors has declared a special cash dividend of $10.00 per share and has approved a quarterly cash dividend policy beginning in the Companys second quarter. The special dividend will be paid on January 31, 2023, to shareholders of record as of the close of business on January 20, 2023. The initial quarterly dividend will be $2.50 per share to be paid on a date in the Companys second quarter that is yet to be determined. Subsequent quarterly dividends... More