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Range Declares Quarterly Dividend

Range Resources (NYSE: RRC), a leading U.S. independent natural gas and NGL producer, has declared a quarterly cash dividend of $0.08 per common share for the third quarter.

(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 (NYSE: RRC), a leading U.S. independent natural gas and NGL producer, has declared a quarterly cash dividend of $0.08 per common share for the third quarter. The dividend is payable on September 27, 2024 to stockholders of record at the close of business on September 13, 2024. Range Resources operates primarily in the Appalachian Basin and is headquartered in Fort Worth, Texas. This dividend announcement demonstrates the company's commitment to returning value to shareholders and may indicate confidence in its financial stability.

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Positive

  • Declared quarterly dividend of $0.08 per common share
  • Consistent dividend payments indicate financial stability
  • Demonstrates commitment to returning value to shareholders

Negative

  • None.
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-0.40% 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 -0.40%.

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, 2024 (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 27, 2024 to stockholders of record at the close of business on September 13, 2024.

RANGE RESOURCES CORPORATION (NYSE: RRC) is a leading U.S. independent natural gas and NGL producer with operations focused 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 for Range Resources (RRC) for Q3 2024?

Range Resources (RRC) declared a quarterly cash dividend of $0.08 per common share for the third quarter of 2024.

When is the payment date for Range Resources' (RRC) Q3 2024 dividend?

The dividend payment date for Range Resources' (RRC) Q3 2024 dividend is September 27, 2024.

What is the record date for Range Resources' (RRC) latest dividend?

The record date for Range Resources' (RRC) latest dividend is September 13, 2024.

How often does Range Resources (RRC) pay dividends?

Based on the announcement of a quarterly dividend, Range Resources (RRC) appears to pay dividends on a quarterly basis.

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