ChampionX Declares Quarterly Dividend

Rhea-AI Summary

ChampionX Corporation (CHX) Declares $0.085 Quarterly Dividend on Common Stock

Positive

• ChampionX Corporation (CHX) has declared a regular quarterly dividend of $0.085 per share on its common stock, reflecting the company's commitment to returning value to its shareholders.
• The dividend payment is scheduled for January 26, 2024, benefiting shareholders of record on January 5, 2024.
• This announcement signals the company's confidence in its financial position and ability to generate sustainable returns for investors.

Negative

• None.

THE WOODLANDS, Texas, Nov. 10, 2023 (GLOBE NEWSWIRE) -- ChampionX Corporation (Nasdaq: CHX) announced today its Board of Directors has declared a regular quarterly dividend of $0.085 per share on the company’s common stock, par value $0.01 per share, to be paid on January 26, 2024 to shareholders of record on January 5, 2024.

About ChampionX

ChampionX is a global leader in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that help companies drill for and produce oil and gas safely, efficiently, and sustainably around the world. ChampionX’s expertise, innovative products, and digital technologies provide enhanced oil and gas production, transportation, and real-time emissions monitoring throughout the lifecycle of a well. To learn more about ChampionX, visit our website at www.championX.com.

Investor Contact:
Byron Pope – byron.pope@championx.com – 281-602-0094

Media Contact:
John Breed – john.breed@championx.com – 281-403-5751

FAQ

What is the dividend amount declared by ChampionX Corporation (CHX)?

ChampionX Corporation (CHX) has declared a regular quarterly dividend of $0.085 per share on its common stock.

When will the dividend be paid to shareholders of ChampionX Corporation (CHX)?

The dividend payment is scheduled for January 26, 2024.

What is the record date for shareholders to receive the dividend from ChampionX Corporation (CHX)?

Shareholders of record on January 5, 2024 will receive the dividend.

What does the dividend declaration indicate about ChampionX Corporation (CHX)?

The dividend declaration reflects the company's commitment to returning value to its shareholders and its confidence in its financial position.