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ChampionX Declares Quarterly Dividend

ChampionX has announced a quarterly dividend of $0.095 per share for its common stock.

(Moderate)

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.

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dividends

Rhea-AI Summary

ChampionX has announced a quarterly dividend of $0.095 per share for its common stock. This dividend will be paid on July 26, 2024, to shareholders who are on record as of July 5, 2024. The announcement was made on May 16, 2024, by the company's Board of Directors. With a par value of $0.01 per share, this decision maintains ChampionX's commitment to returning value to its shareholders.

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Positive

  • Quarterly dividend of $0.095 per share declared.
  • Dividend payment date set for July 26, 2024.
  • Shareholders of record by July 5, 2024, will receive dividends.
  • Consistent return of value to shareholders.

Negative

  • None.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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THE WOODLANDS, Texas, May 16, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (Nasdaq: CHX) announced today its Board of Directors has declared a regular quarterly dividend of $0.095 per share on the company’s common stock, par value $0.01 per share, to be paid on July 26, 2024 to shareholders of record on July 5, 2024.

About ChampionX

ChampionX is a global leader in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that help companies drill for and produce oil and gas safely, efficiently, and sustainably around the world. ChampionX’s expertise, innovative products, and digital technologies provide enhanced oil and gas production, transportation, and real-time emissions monitoring throughout the lifecycle of a well. To learn more about ChampionX, visit our website at www.championX.com.

Investor Contact:
Byron Pope – byron.pope@championx.com – 281-602-0094

Media Contact:
John Breed – john.breed@championx.com – 281-403-5751


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What dividend did ChampionX announce in May 2024?

ChampionX announced a quarterly dividend of $0.095 per share on their common stock.

When will ChampionX pay the declared dividend?

ChampionX will pay the dividend on July 26, 2024.

What is the record date for ChampionX's dividend payment?

The record date for the dividend payment is July 5, 2024.

What is the stock symbol for ChampionX?

The stock symbol for ChampionX is CHX.

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