Range Increases Quarterly Dividend by 12.5%
Range Resources (NYSE: RRC) has announced a 12.5% increase in its quarterly cash dividend.
Sentiment and the balance of points
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Rhea-AI Summary
Range Resources (NYSE: RRC) has announced a 12.5% increase in its quarterly cash dividend. The company will pay a dividend of $0.09 per common share for the first quarter, resulting in an annualized dividend of $0.36 per share.
The dividend will be payable on March 28, 2025 to stockholders of record at the close of business on March 14, 2025. Range Resources is a leading U.S. independent natural gas and NGL producer with operations focused in the Appalachian Basin, headquartered in Fort Worth, Texas.
Positive
- 12.5% dividend increase shows financial strength
- Quarterly dividend raised to $0.09 per share
- Annualized dividend of $0.36 per share provides steady shareholder returns
Negative
- None.
Details
News Market Reaction – RRC
The recorded move for RRC in the trading session of this news was -0.86%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FORT WORTH, Texas, Feb. 28, 2025 (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
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, SVP – Corporate Strategy & Investor Relations
817-869-4267
lsando@rangeresources.com
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