Cabot Oil & Gas Corporation Declares Dividend

(Neutral)

Rhea-AI Summary

Cabot Oil & Gas Corporation (NYSE: COG) has declared a regular dividend of $0.10 per share, set to be paid on November 23, 2020. Shareholders of record as of November 12, 2020, will receive this dividend. Cabot is a prominent independent natural gas producer, with operations entirely based in the continental United States.

Positive

Regular dividend of $0.10 per share reflects company confidence.
Dividend payment enhances shareholder income.

Negative

None.

News Market Reaction – COG

+1.21%

+1.21% Session move

In the trading session that priced this news, COG gained 1.21%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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

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10/28/2020 - 06:41 PM

HOUSTON, Oct. 28, 2020 /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 November 23, 2020 to all shareholders of record as of the close of business on November 12, 2020.

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.

FOR MORE INFORMATION CONTACT
Matt Kerin (281) 589-4642

View original content:http://www.prnewswire.com/news-releases/cabot-oil--gas-corporation-declares-dividend-301162314.html

SOURCE Cabot Oil & Gas Corporation

FAQ

What is the dividend amount for Cabot Oil & Gas Corporation (COG)?

The dividend amount is $0.10 per share.

When will Cabot Oil & Gas pay the dividend?

The dividend will be paid on November 23, 2020.

What is the record date for the dividend payment?

The record date is November 12, 2020.

How frequently does Cabot Oil & Gas Corporation (COG) pay dividends?

Cabot Oil & Gas typically pays dividends quarterly.