Cabot Oil & Gas Corporation Declares Dividend

Rhea-AI Summary

Cabot Oil & Gas Corporation (NYSE: COG) has declared a regular dividend of $0.10 per share on its common stock. This dividend is scheduled for payment on February 4, 2021, to shareholders of record as of the close of business on January 21, 2021. Headquartered in Houston, Texas, Cabot is a prominent independent natural gas producer, with its entire resource base located within the continental United States.

Positive

• Declared a regular dividend of $0.10 per share, indicating financial stability.
• Dividend payment reflects confidence in the company's cash flow and operations.

Negative

• None.

News Market Reaction – COG

+0.96%

+0.96% Session move

In the trading session that priced this news, COG gained 0.96%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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HOUSTON, Jan. 4, 2021 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG) today announced that its Board of Directors declared a regular dividend of ten cents ($0.10) per share on the Company's common stock. The dividend will be paid on February 4, 2021 to all shareholders of record as of the close of business on January 21, 2021.

Cabot Oil & Gas Corporation, headquartered in Houston, Texas is a leading independent natural gas producer, with its entire resource base located in the continental United States.  For additional information, visit the Company's homepage at www.cabotog.com.

View original content:http://www.prnewswire.com/news-releases/cabot-oil--gas-corporation-declares-dividend-301200384.html

SOURCE Cabot Oil & Gas Corporation

FAQ

What is the dividend amount declared by Cabot Oil & Gas Corporation?

Cabot Oil & Gas Corporation declared a dividend of $0.10 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on February 4, 2021.

What is the record date for the dividend payment?

The record date for the dividend payment is January 21, 2021.

How often does Cabot Oil & Gas Corporation declare dividends?

The press release indicates a regular dividend, which suggests a consistent payment schedule, although specific frequencies are not mentioned.

What is the significance of Cabot Oil & Gas Corporation's dividend declaration?

The declaration indicates the company's financial health and ongoing commitment to returning value to shareholders.