Range Declares Quarterly Dividend
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.
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.
News Market Reaction
On the day this news was published, RRC declined 0.40%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
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
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