Murphy Oil (MUR) Raises Quarterly Dividend 10% to $0.275; 2.6% Yield

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Go back to Murphy Oil (MUR) Raises Quarterly Dividend 10% to $0.275; 2.6% Yield

Murphy Oil Corporation Increases Quarterly Dividend 10 Percent

January 26, 2023 5:50 AM EST

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 $0.275 per share, or $1.10 per share on an annualized basis. This represents a 120 percent increase since fourth quarter 2021 and a 10 percent increase from the previous quarter. The dividend is payable on March 1, 2023, to stockholders of record as of February 13, 2023.

ABOUT MURPHY OIL CORPORATION

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