Archrock Announces Quarterly Cash Dividend

Rhea-AI Summary

Archrock, Inc. (NYSE: AROC) announced a quarterly dividend of $0.145 per share, totaling $0.58 annually. This dividend will be paid on May 17, 2022, to shareholders on record as of May 10, 2022. As a leading provider of natural gas compression services in the U.S., Archrock focuses on midstream energy infrastructure. The company's commitment to returning value to shareholders through consistent dividends demonstrates its operational confidence. Archrock's financials and market performance can be further reviewed in its filings available on the SEC website.

Positive

• Declaration of a quarterly dividend of $0.145 per share, indicating a commitment to returning value to shareholders.
• Annualized dividend reflects a strong potential income of $0.58 per share for investors.

Negative

• None.

HOUSTON, April 28, 2022 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) today announced that its Board of Directors has declared a quarterly dividend of $0.145 per share of common stock, or $0.58 per share on an annualized basis. The dividend will be paid on May 17, 2022 to all stockholders of record on May 10, 2022.

About Archrock

Archrock is an energy infrastructure company with a pure-play focus on midstream natural gas compression.  Archrock is the leading provider of natural gas compression services to customers in the oil and natural gas industry throughout the U.S. and a leading supplier of aftermarket services to customers that own compression equipment in the U.S. Archrock is headquartered in Houston, Texas. For more information, please visit www.archrock.com.

Forward-Looking Statements

This press release contains forward-looking statements, which includes statements about Archrock’s dividends. These statements are not guarantees of future performance or actions. Forward-looking statements rely on a number of assumptions concerning future events and are subject to risks and uncertainties. If one or more of these risks or uncertainties materialize, actual results may differ materially from those contemplated by a forward-looking statement. Forward-looking statements speak only as of the date on which they are made. Archrock expressly disclaims any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. A further list and description of risks, uncertainties and other matters can be found in Archrock’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021, and as set forth from time to time in Archrock’s filings with the Securities and Exchange Commission. These filings are available online at www.sec.gov and www.archrock.com.

For information, contact:

Megan Repine
Vice President, Investor Relations
(281) 836-8360
investor.relations@archrock.com 

FAQ

When will Archrock pay its dividend?

Archrock's dividend will be paid on May 17, 2022.

What is the dividend amount declared by Archrock?

Archrock has declared a quarterly dividend of $0.145 per share.

What date do I need to be a shareholder to receive the dividend from Archrock?

Shareholders must be on record by May 10, 2022, to receive the dividend.

How frequently does Archrock declare dividends?

Archrock typically declares quarterly dividends.