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Riley Permian Declares Quarterly Cash Dividend

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dividends

Rhea-AI Summary

Riley Exploration Permian (NYSE American: REPX) declared a quarterly cash dividend of $0.31 per share, payable on February 9, 2022, to shareholders of record by January 26, 2022. This decision reflects the company's commitment to returning value to its investors as it continues its focus on the growth and development of oil and natural gas resources.

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Positive

  • Declaration of a quarterly cash dividend of $0.31 per share, showcasing the company's commitment to returning value to shareholders.

Negative

  • None.

News Market Reaction – REPX

+8.46%
+8.46% News Effect

On the day this news was published, REPX gained 8.46%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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

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OKLAHOMA CITY, Jan. 12, 2022 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company") today announced that its Board of Directors has declared a cash dividend on the Company's common stock in the amount of $0.31 per share. The dividend is payable on February 9, 2022 to stockholders of record as of the close of business on January 26, 2022.

About Riley Exploration Permian, Inc.
Riley Permian is a growth-oriented, independent oil and natural gas company focused on the acquisition, exploration, development and production of oil, natural gas, and natural gas liquids. For more information please visit www.rileypermian.com.

Investor Contact:
Rick D'Angelo
405-438-0126
IR@rileypermian.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/riley-permian-declares-quarterly-cash-dividend-301459923.html

SOURCE Riley Exploration Permian, Inc.

FAQ

What is the dividend amount declared by Riley Exploration Permian?

Riley Exploration Permian declared a cash dividend of $0.31 per share.

When will the dividend be paid by Riley Exploration Permian?

The dividend will be paid on February 9, 2022.

What is the record date for the dividend payment by Riley Exploration Permian?

The record date for the dividend payment is January 26, 2022.

How often does Riley Exploration Permian pay dividends?

Riley Exploration Permian pays dividends quarterly.