STOCK TITAN

Magnolia Oil & Gas Announces Quarterly Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends

Magnolia Oil & Gas (NYSE: MGY) has announced a quarterly cash dividend of $0.13 per share for its Class A common stock and a cash distribution of $0.13 per Class B unit. The dividend will be payable on September 3, 2024 to shareholders of record as of August 9, 2024. This announcement demonstrates the company's commitment to returning value to shareholders and maintaining a consistent dividend policy.

Magnolia Oil & Gas (NYSE: MGY) ha annunciato un dividendo in contante trimestrale di $0,13 per azione per le sue azioni ordinarie di Classe A e una distribuzione in contante di $0,13 per ogni unità di Classe B. Il dividendo sarà pagabile il 3 settembre 2024 agli azionisti registrati al 9 agosto 2024. Questo annuncio dimostra l'impegno dell'azienda nel restituire valore agli azionisti e nel mantenere una politica di dividendo coerente.

Magnolia Oil & Gas (NYSE: MGY) ha anunciado un dividendo en efectivo trimestral de $0,13 por acción para sus acciones ordinarias de Clase A y una distribución en efectivo de $0,13 por cada unidad de Clase B. El dividendo será pagadero el 3 de septiembre de 2024 a los accionistas registrados hasta el 9 de agosto de 2024. Este anuncio demuestra el compromiso de la empresa de devolver valor a los accionistas y mantener una política de dividendos consistente.

Magnolia Oil & Gas (NYSE: MGY)는 클래스 A 보통주에 대해 $0.13의 분기 현금 배당금을 발표하였고, 클래스 B 유닛 당 $0.13의 현금 분배를 발표했습니다. 배당금은 2024년 9월 3일에 지급되며, 기준일은 2024년 8월 9일입니다. 이 발표는 주주에게 가치를 환원하고 일관된 배당 정책을 유지하려는 회사의 의지를 보여줍니다.

Magnolia Oil & Gas (NYSE: MGY) a annoncé un dividende trimestriel en espèces de 0,13 $ par action pour ses actions ordinaires de Classe A et une distribution en espèces de 0,13 $ par unité de Classe B. Le dividende sera payable le 3 septembre 2024 aux actionnaires inscrits au 9 août 2024. Cette annonce démontre l'engagement de l'entreprise à restituer de la valeur aux actionnaires et à maintenir une politique de dividende cohérente.

Magnolia Oil & Gas (NYSE: MGY) hat eine vierteljährliche Barausschüttung von 0,13 $ pro Aktie für seine Stammaktien der Klasse A und eine Barausschüttung von 0,13 $ pro Klasse B Einheit angekündigt. Die Dividende wird am 3. September 2024 an die Aktionäre ausgezahlt, die am 9. August 2024 im Aktienregister stehen. Diese Ankündigung zeigt das Engagement des Unternehmens, den Aktionären Werte zurückzugeben und eine konsistente Dividendenpolitik aufrechtzuerhalten.

Positive
  • Consistent dividend payment indicates financial stability
  • Equal treatment of Class A and Class B shareholders
Negative
  • None.

HOUSTON--(BUSINESS WIRE)-- Magnolia Oil & Gas Corporation (NYSE: MGY) announced today that its Board of Directors has declared a quarterly cash dividend of $0.13 per share of Class A common stock, and a cash distribution of $0.13 per Class B unit, payable on September 3, 2024 to shareholders of record as of August 9, 2024.

About Magnolia Oil & Gas

Magnolia (MGY) is a publicly traded oil and gas exploration and production company with operations primarily in South Texas in the core of the Eagle Ford Shale and Austin Chalk formations. Magnolia focuses on generating value for shareholders by delivering steady, moderate annual production growth resulting from its disciplined and efficient philosophy toward capital spending. The Company strives to generate high pre‐tax margins and consistent free cash flow allowing for strong cash returns to our shareholders. For more information, visit www.magnoliaoilgas.com.

Investors

Tom Fitter

713-331-4802

tfitter@mgyoil.com

Media

Art Pike

713-842-9057

apike@mgyoil.com

Source: Magnolia Oil & Gas Corporation

FAQ

What is the dividend amount announced by Magnolia Oil & Gas (MGY) for Q3 2024?

Magnolia Oil & Gas (MGY) announced a quarterly cash dividend of $0.13 per share for both Class A common stock and Class B units.

When is the ex-dividend date for Magnolia Oil & Gas (MGY) Q3 2024 dividend?

The press release does not specify the ex-dividend date. Typically, it's a few days before the record date, which is August 9, 2024.

What is the payment date for Magnolia Oil & Gas (MGY) Q3 2024 dividend?

The payment date for Magnolia Oil & Gas (MGY) Q3 2024 dividend is September 3, 2024.

Who is eligible to receive the Q3 2024 dividend from Magnolia Oil & Gas (MGY)?

Shareholders of record as of August 9, 2024, are eligible to receive the Q3 2024 dividend from Magnolia Oil & Gas (MGY).

Magnolia Oil & Gas Corporation

NYSE:MGY

MGY Rankings

MGY Latest News

MGY Stock Data

4.90B
188.16M
1.4%
119.21%
16.06%
Oil & Gas E&P
Crude Petroleum & Natural Gas
Link
United States of America
HOUSTON