Archrock Announces Quarterly Cash Dividend
Rhea-AI Summary
Archrock (NYSE: AROC) has announced its quarterly dividend declaration for Q1 2025. The company's Board of Directors has approved a dividend of $0.19 per share of common stock, equivalent to $0.76 annually.
The dividend will be paid on May 13, 2025, to stockholders of record as of May 6, 2025. This quarterly dividend maintains consistency with Archrock's Q4 2024 dividend level and represents a 15% increase compared to the Q1 2024 dividend.
Positive
- 15% year-over-year dividend increase
- Maintained stable quarterly dividend from Q4 2024
- Strong dividend yield at $0.76 annually
Negative
- None.
News Market Reaction
On the day this news was published, AROC gained 1.20%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
HOUSTON, April 24, 2025 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock” or the “Company”) today announced that its Board of Directors has declared a quarterly dividend of
The first quarter 2025 dividend per share amount is consistent with Archrock’s fourth quarter 2024 dividend level and represents an increase of approximately 15 percent over the Archrock first quarter 2024 dividend level.
About Archrock
Archrock is an energy infrastructure company with a primary focus on midstream natural gas compression and a commitment to helping its customers produce, compress and transport natural gas in a safe and environmentally responsible way. Headquartered in Houston, Texas, Archrock is a premier provider of natural gas compression services to customers in the energy industry throughout the U.S. and a leading supplier of aftermarket services to customers that own compression equipment. For more information on how the Company embodies its purpose, WE POWER A CLEANER AMERICATM, visit www.archrock.com.
Forward-Looking Statements
This press release contains forward-looking statements, which include statements about Archrock’s future financial performance and dividends. These statements are not guarantees of future performance or actions. Forward-looking statements rely on a number of assumptions concerning future events and are subject to risks and uncertainties. If one or more of these risks or uncertainties materialize, actual results may differ materially from those contemplated by a forward-looking statement. Forward-looking statements speak only as of the date on which they are made. Archrock expressly disclaims any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. A further list and description of risks, uncertainties and other matters can be found in Archrock’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and as set forth from time to time in Archrock’s filings with the Securities and Exchange Commission. These filings are available online at www.sec.gov and www.archrock.com.
For information, contact:
Megan Repine
Vice President, Investor Relations
(281) 836-8360
investor.relations@archrock.com
FAQ
What is Archrock's dividend amount for Q1 2025?
When is AROC's Q1 2025 dividend payment date?
How much has Archrock increased its dividend compared to Q1 2024?
Has AROC changed its dividend from the previous quarter (Q4 2024)?
