Mexco Energy Corporation Declares Dividend on Common Shares
Rhea-AI Summary
Mexco Energy (NYSE American: MXC) declared a regular annual cash dividend of $0.10 per common share. The dividend is payable on June 30, 2026 to shareholders of record as of June 15, 2026.
The Board determines dividends at its discretion and notes there is no assurance of future dividends or their amounts.
AI-generated analysis. Not financial advice.
Positive
- Declared regular annual cash dividend of $0.10 per common share
- Dividend payable June 30, 2026 to shareholders of record on June 15, 2026
Negative
- Company states no assurance that future dividends will be authorized or declared
- Dividend decisions depend on liquidity, capital needs, results of operations, and other factors
News Market Reaction – MXC
On the day this news was published, MXC gained 0.11%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
MIDLAND, TX, June 04, 2026 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE American: MXC) announced today that its Board of Directors declared a regular annual cash dividend of
Mexco Energy Corporation, a Colorado corporation, is an independent oil and gas company located in Midland, Texas engaged in the acquisition, exploration and development of oil and gas properties primarily in the Permian Basin. For more information on Mexco Energy Corporation, go to www.mexcoenergy.com.
Dividends are authorized and determined by the Company's Board of Directors in its sole discretion. Decisions regarding the payment of dividends are subject to a number of considerations at the time, including without limitation, the Company's liquidity and capital resources, the Company's results of operations and anticipated future results of operations, the level of cash reserves the Company maintains to fund future capital expenditures or other needs, and other factors that the Board of Directors deems relevant. The Company can provide no assurance that dividends will be authorized or declared in the future or the amount of any future dividends.
For additional information, please contact: Tammy L. McComic, President and Chief Financial Officer, at Mexco Energy Corporation, (432) 682-1119.