Cabot Oil & Gas Corporation Declares Dividend

Rhea-AI Summary

Cabot Oil & Gas Corporation (NYSE: COG) declared a regular dividend of $0.10 per share on its common stock. The dividend is scheduled for payment on August 27, 2020, to shareholders of record as of August 13, 2020. This announcement reaffirms Cabot's commitment to returning value to its shareholders while reinforcing its position as a leading independent natural gas producer based in the United States.

Positive

• Declared dividend of $0.10 per share, reinforcing shareholder value.

Negative

• None.

News Market Reaction – COG

-1.84%

-1.84% Session move

In the trading session that priced this news, COG declined 1.84%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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HOUSTON, July 29, 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 August 27, 2020 to all shareholders of record as of the close of business on August 13, 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.

CONTACT
Matt Kerin (281) 589-4642

 

View original content:http://www.prnewswire.com/news-releases/cabot-oil--gas-corporation-declares-dividend-301102534.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?

The dividend will be paid on August 27, 2020.

What is the record date for the dividend?

The record date for the dividend is August 13, 2020.

How often does Cabot Oil & Gas pay dividends?

Cabot Oil & Gas typically pays dividends on a regular basis, but the frequency may vary.