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Range Declares Quarterly Dividend

Range Resources Corporation (NYSE: RRC) has declared a quarterly cash dividend of $0.08 per common share for the first quarter of 2023.

(Neutral)

Sentiment and the balance of points

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dividends

Rhea-AI Summary

Range Resources Corporation (NYSE: RRC) has declared a quarterly cash dividend of $0.08 per common share for the first quarter of 2023. This dividend is payable on March 31, 2023, to stockholders of record as of March 15, 2023. As a prominent independent producer of natural gas and NGL, Range operates mainly within the Appalachian Basin. The board's decision reflects a commitment to returning value to shareholders while indicating the company's stable financial position.

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Positive

  • Declared a quarterly dividend of $0.08 per share.
  • Dividend payment signifies company stability and shareholder value.

Negative

  • None.
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-0.07% 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 -0.07%.

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, March 01, 2023 (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 first quarter. A dividend of $0.08 per common share is payable on March 31, 2023 to stockholders of record at the close of business on March 15, 2023.

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 for RRC in Q1 2023?

The dividend amount for Range Resources Corporation in Q1 2023 is $0.08 per common share.

When is the RRC dividend payable?

The RRC dividend is payable on March 31, 2023.

What is the record date for the RRC dividend?

The record date for the RRC dividend is March 15, 2023.

How often does RRC pay dividends?

Range Resources typically pays dividends quarterly.

What is the significance of the RRC dividend declaration?

The dividend declaration reflects the company's financial strength and commitment to returning value to shareholders.

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