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Magnolia Oil & Gas Corporation (NYSE: MGY) has declared a quarterly cash dividend of $0.115 per share of Class A common stock and a cash distribution of $0.115 per Class B unit. The dividend and distribution will be paid on December 1, 2023, to shareholders of record as of November 9, 2023.
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HOUSTON--(BUSINESS WIRE)--
Magnolia Oil & Gas Corporation (NYSE: MGY) announced today that its Board of Directors has declared a quarterly cash dividend of $0.115 per share of Class A common stock, and a cash distribution of $0.115 per Class B unit, payable on December 1, 2023 to shareholders of record as of November 9, 2023.
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.
What is the dividend declared by Magnolia Oil & Gas Corporation?
Magnolia Oil & Gas Corporation has declared a quarterly cash dividend of $0.115 per share of Class A common stock and a cash distribution of $0.115 per Class B unit.
When will the dividend and distribution be paid?
The dividend and distribution will be paid on December 1, 2023.
Who will receive the dividend and distribution?
The dividend and distribution will be paid to shareholders of record as of November 9, 2023.
What is the ticker symbol of Magnolia Oil & Gas Corporation?
The ticker symbol of Magnolia Oil & Gas Corporation is MGY.
