Marathon Oil Corporation Declares Fourth Quarter 2020 Dividend

Marathon Oil Corporation (NYSE: MRO) has declared a dividend of 3 cents per share on its common stock.

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Rhea-AI Summary

Marathon Oil Corporation (NYSE: MRO) has declared a dividend of 3 cents per share on its common stock. The dividend will be payable on March 10, 2021, to shareholders recorded by February 17, 2021. This announcement reflects the company's ongoing commitment to returning value to its shareholders, showcasing confidence in its financial stability and operational performance.

Positive

Dividend declared at 3 cents per share, indicating a return of value to shareholders.
Dividend payment scheduled for March 10, 2021, enhancing investor confidence.

Negative

None.

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News Market Reaction – MRO

The recorded move for MRO in the trading session of this news was +0.94%.

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01/27/2021 - 01:12 PM EST

HOUSTON, Jan. 27, 2021 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today that the Company's board of directors has declared a dividend of 3 cents per share on Marathon Oil Corporation common stock. The dividend is payable on March 10, 2021, to stockholders of record on February 17, 2021.

For more information on Marathon Oil Corporation, visit the Company's website at https://www.marathonoil.com.

Media Relations Contact:
Stephanie Gentry: 832-206-3746

Investor Relations Contacts:
Guy Baber: 713-296-1892
John Reid: 713-296-4380

View original content to download multimedia:http://www.prnewswire.com/news-releases/marathon-oil-corporation-declares-fourth-quarter-2020-dividend-301216510.html

SOURCE Marathon Oil Corporation

FAQ

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

What is the dividend amount for Marathon Oil Corporation (MRO)?

Marathon Oil Corporation has declared a dividend of 3 cents per share.

When is the dividend for MRO payable?

The dividend will be payable on March 10, 2021.

When is the record date for the MRO dividend?

The record date for the dividend is February 17, 2021.

How often does Marathon Oil Corporation pay dividends?

Marathon Oil Corporation typically pays dividends quarterly, subject to board approval.

Is the dividend from Marathon Oil Corporation sustainable?

The sustainability of the dividend will depend on the company's ongoing financial performance and cash flow management.

Marathon Oil Corporation Declares Fourth Quarter 2020 Dividend