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Range Declares Quarterly Dividend

Range Resources Corporation (NYSE: RRC) announced a quarterly cash dividend of $0.08 per common share, payable on September 30, 2022, to stockholders of record as of September 15, 2022.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Rhea-AI Summary

Range Resources Corporation (NYSE: RRC) announced a quarterly cash dividend of $0.08 per common share, payable on September 30, 2022, to stockholders of record as of September 15, 2022. The company, headquartered in Fort Worth, Texas, specializes in natural gas and NGL production with a focus on the Appalachian Basin. This dividend reflects a commitment to returning value to shareholders while maintaining operational focus on stacked-pay projects.

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Positive

  • Quarterly cash dividend of $0.08 per share reflects shareholder value.
  • Dividend payment date on September 30, 2022, supports investor confidence.

Negative

  • None.
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+3.69% session move Open Argus
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News Market Reaction – RRC

The recorded move for RRC in the trading session of this news was +3.69%.

Data tracked by StockTitan Argus. Session date unavailable.

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

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FORT WORTH, Texas, Aug. 30, 2022 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that its Board of Directors declared a quarterly cash dividend on its common stock for the third quarter. A dividend of $0.08 per common share is payable on September 30, 2022 to stockholders of record at the close of business on September 15, 2022.

RANGE RESOURCES CORPORATION (NYSE: RRC) is a leading U.S. independent natural gas and NGL producer with operations focused on stacked-pay projects in the Appalachian Basin. The Company is headquartered in Fort Worth, Texas. More information about Range can be found at www.rangeresources.com.

SOURCE: Range Resources Corporation

Range Investor Contact:

Laith Sando, Vice President – Investor Relations
817-869-4267
lsando@rangeresources.com 


FAQ

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

What is the dividend amount announced by RRC?

RRC announced a quarterly cash dividend of $0.08 per common share.

When is the RRC dividend payment date?

The dividend payment date is September 30, 2022.

What is the record date for RRC's dividend?

The record date for RRC's dividend is September 15, 2022.

How often does RRC pay dividends?

RRC pays dividends quarterly.

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