Archrock Announces Quarterly Cash Dividend

Rhea-AI Summary

Archrock announced a quarterly dividend of $0.145 per share, totaling $0.58 annually, to be paid on November 16, 2021, for stockholders on record by November 9, 2021. This reflects Archrock's ongoing commitment to returning value to shareholders. The company, a leader in midstream natural gas compression services in the U.S., continues to focus on providing essential energy infrastructure. For further details, visit www.archrock.com.

Positive

• Quarterly dividend of $0.145 per share, enhancing shareholder returns.
• Annualized dividend of $0.58, indicating financial confidence.

Negative

• None.

HOUSTON, Oct. 28, 2021 (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 November 16, 2021 to all stockholders of record on November 9, 2021.

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, 2020, 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

What is the dividend amount for Archrock (AROC)?

Archrock has declared a dividend of $0.145 per share.

When will Archrock's dividend be paid?

The dividend will be paid on November 16, 2021.

What is the record date for Archrock's dividend?

The record date for the dividend is November 9, 2021.

How often does Archrock (AROC) pay dividends?

Archrock pays dividends quarterly.

What is the annual dividend yield for Archrock?

The annualized dividend for Archrock is $0.58 per share.