PHX Minerals Declares Regular Dividend of $0.02 Per Share

PHX Minerals Inc. (NYSE: PHX) announced a quarterly dividend of $0.02 per share, payable on Dec. 7, 2022, to shareholders of record on Nov. 23, 2022.

Rhea-AI Impact

(Moderate)

Rhea-AI Sentiment

(Neutral)How Sentiment works

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Rhea-AI Summary

PHX Minerals Inc. (NYSE: PHX) announced a quarterly dividend of $0.02 per share, payable on Dec. 7, 2022, to shareholders of record on Nov. 23, 2022. The company, based in Fort Worth, Texas, focuses on the natural gas and oil mineral sector, owning mineral rights primarily in Oklahoma, Texas, Louisiana, North Dakota, and Arkansas. This dividend highlights the company's commitment to returning value to shareholders while strategically growing its mineral position in key areas.

Positive

Quarterly dividend of $0.02 per share indicates ongoing shareholder returns.
Active growth strategy in mineral positions suggests potential for future value.

Negative

None.

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News Market Reaction – PHX

The recorded move for PHX in the trading session of this news was +1.12%.

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10/18/2022 - 04:01 PM EDT

FORT WORTH, Texas, Oct. 18, 2022 /PRNewswire/ -- PHX Minerals Inc., (NYSE: PHX), today announced that its Board of Directors has declared a quarterly dividend of $0.02 per share on the company's common stock. The dividend is payable on Dec. 7, 2022, to shareholders of record on Nov. 23, 2022.

PHX Minerals Inc. (NYSE: PHX) Fort Worth-based, PHX Minerals Inc. is a natural gas and oil mineral company with a strategy to proactively grow its mineral position in its core focus areas. PHX owns mineral acreage principally located in Oklahoma, Texas, Louisiana, North Dakota and Arkansas. Additional information on the Company can be found at www.phxmin.com.

View original content:https://www.prnewswire.com/news-releases/phx-minerals-declares-regular-dividend-of-0-02-per-share-301652703.html

SOURCE PHX MINERALS INC.

FAQ

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

What is the dividend amount declared by PHX Minerals?

PHX Minerals declared a quarterly dividend of $0.02 per share.

When is the dividend payment date for PHX Minerals?

The dividend is payable on December 7, 2022.

Who are the shareholders of record for the upcoming dividend?

Shareholders of record as of November 23, 2022, will receive the dividend.

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