U.S. Energy Corp. Declares Quarterly Cash Dividend
Rhea-AI Summary
U.S. Energy Corp. (NASDAQCM: USEG) announced a cash dividend of $0.0225 per share, payable on August 22, 2022, to stockholders of record by August 8, 2022. This move reflects the company's commitment to delivering shareholder value while managing a portfolio of mature, low decline assets. U.S. Energy aims to sustain a strong capital returns program, enhancing investor confidence and supporting long-term growth objectives.
Positive
- Declaration of a cash dividend of $0.0225 per share reinforces financial stability.
- Dividend payment reflects a commitment to returning capital to shareholders.
- Utilization of mature, low decline assets indicates potential for sustainable income.
Negative
- None.
News Market Reaction
On the day this news was published, USEG gained 1.13%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
HOUSTON, July 18, 2022 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQCM: USEG) (“U.S. Energy” or the “Company”) today announced that its Board of Directors has declared a cash dividend on the Company's common stock in the amount of
About U.S. Energy Corp.
We are a growth focused energy company engaged in operating a portfolio of mature, low decline assets that is expected to allow us to execute on a leading capital returns program to shareholders. More information about U.S. Energy Corp. can be found at www.usnrg.com.
FAQ
What is the dividend amount declared by U.S. Energy Corp.?
When is the dividend payable to shareholders?
What is the record date for the dividend?
How often does U.S. Energy Corp. pay dividends?
Is the dividend sustainable for U.S. Energy Corp.?
