APA Corporation Declares Cash Dividend on Common Shares
The board of directors of APA (Nasdaq: APA) has announced a regular cash dividend on its common shares.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
The board of directors of APA (Nasdaq: APA) has announced a regular cash dividend on its common shares.
The dividend is set at 25 cents per share and will be paid on August 22, 2024, to shareholders who are on record by July 22, 2024.
This declaration reflects APA's ongoing commitment to returning value to its shareholders.
Positive
- APA is paying a dividend of 25 cents per share.
- The dividend will be paid on August 22, 2024.
- Shareholders of record by July 22, 2024, will receive the dividend.
- The dividend announcement demonstrates APA's commitment to shareholder returns.
Negative
- The dividend rate is not increased from previous periods, indicating no growth in dividend payouts.
Details
News Market Reaction – APA
The recorded move for APA in the trading session of this news was -2.02%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HOUSTON, May 22, 2024 (GLOBE NEWSWIRE) -- The board of directors of APA Corporation (Nasdaq: APA) has declared a regular cash dividend on the company's common shares.
The dividend on common shares is payable Aug. 22, 2024, to stockholders of record on July 22, 2024, at a rate of 25 cents per share on the corporation’s common stock.
About APA
APA Corporation owns consolidated subsidiaries that explore for and produce oil and natural gas in the United States, Egypt and the United Kingdom and that explore for oil and natural gas offshore Suriname and elsewhere. APA posts announcements, operational updates, investor information and press releases on its website, www.apacorp.com.
| Contacts | ||
| Investor: | (281) 302-2286 | Gary Clark |
| Media: | (713) 296-6100 | Patrick Cassidy |
| (713) 296-7276 | Alexandra Franceschi | |
| Website: | www.apacorp.com | |
APA-F
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