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Altus Midstream Declares Cash Dividend on Class A Common Shares

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Altus Midstream Company (Nasdaq: ALTM) has declared a cash dividend of $1.50 per share on its Class A common shares, payable on Dec. 30, 2021, to shareholders of record by Nov. 30, 2021. This represents a full-year dividend of $6 per share for 2021. Altus Midstream operates as a midstream C-corporation in the Permian-to-Gulf Coast region, owning gas gathering, processing, and transmission assets along with equity interests in various pipelines.

Positive
  • Declared a cash dividend of $1.50 per share, enhancing shareholder value.
  • Total annual dividend for 2021 amounts to $6 per share.
Negative
  • None.

HOUSTON, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Altus Midstream Company (Nasdaq: ALTM) today announced that its board of directors has declared a cash dividend on the company’s Class A common shares.

The dividend on Class A common shares is payable Dec. 30, 2021, to stockholders of record on Nov. 30, 2021, at a rate of $1.50 per share. This constitutes the full-year $6 per share dividend for 2021.

About Altus Midstream Company

Altus Midstream Company is a pure-play, Permian-to-Gulf Coast midstream C-corporation. Through its consolidated subsidiaries, Altus owns gas gathering, processing and transmission assets servicing production in the Delaware Basin and owns equity interests in four Permian-to-Gulf Coast pipelines. Altus posts announcements, operational updates, investor information and press releases on its website, www.altusmidstream.com.

Contacts

Media: (713) 296-7276 Alexandra Franceschi
Investors: (281) 302-2286 Patrick Cassidy 
Websites: www.altusmidstream.com 

FAQ

What is the dividend amount for ALTM?

The dividend amount for Altus Midstream Company (ALTM) is $1.50 per share.

When is the dividend payment date for ALTM?

The dividend payment date for ALTM is December 30, 2021.

Who is eligible to receive the ALTM dividend?

Stockholders of record on November 30, 2021, are eligible to receive the ALTM dividend.

What is the total dividend declared for ALTM in 2021?

The total dividend declared for ALTM in 2021 is $6 per share.

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