Amen Properties, Inc. (AMEN) Declares $6.30 Special Dividend; 1.1% Yield

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Amen Properties Reports Results for Fourth Quarter of 2022 and Announces Dividend

March 10, 2023 8:49 AM EST

DALLAS--(BUSINESS WIRE)-- Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its fiscal year ended December 31, 2022. The Company posted revenue of $4.1 million and net income of $3.4 million. These results compare to revenue of $3.1 million and net income of $1.6 million for 2021. The Companys improvement in revenue and profitability resulted primarily from increased demand and prices for oil.

Amen also announced that the Companys Board of Directors has approved the payment of a quarterly dividend of $10.00 per share. Additionally, the Board approved payment of a special dividend of $6.30... More