Mexco Energy Corp (MXC) Declares $0.10 Special Dividend; 0.8% Yield

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Mexco Energy Corporation Declares Special Dividend on Common Shares

April 10, 2023 11:26 AM EDT

MIDLAND, TX, April 10, 2023 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE American: MXC) announced today that its Board of Directors declared a special cash dividend of $0.10 per common share. The special dividend is payable May 15, 2023 to the stockholders of record at the close of business on May 1, 2023.

The Companys Board of Directors also authorized the use of up to $1,000,000 to repurchase shares of the Companys common stock, par value $0.50, for the treasury account. This authorization replaces... More