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Cabot Oil & Gas Corporation Declares Dividend

Cabot Oil & Gas Corporation (NYSE: COG) has declared a regular dividend of $0.10 per share, set to be paid on November 23, 2020.

(Neutral)

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

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.

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Positive

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

Negative

  • None.
Argus Session date unavailable
+1.21% session move Open Argus
Details

News Market Reaction – COG

The recorded move for COG in the trading session of this news was +1.21%.

Data tracked by StockTitan Argus. Session date unavailable.

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

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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  

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

SOURCE Cabot Oil & Gas Corporation

FAQ

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

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.

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