STOCK TITAN

Murphy USA Inc. Announces Dividend Increase

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

Murphy USA Inc. (NYSE: MUSA) has announced a 2.3% increase in its quarterly cash dividend. The Board of Directors declared a dividend of $0.45 per share, which equates to $1.80 per share annually. This represents an increase from the previous quarter's dividend. The dividend will be paid on September 5, 2024, to stockholders of record as of August 26, 2024. This increase demonstrates Murphy USA's commitment to returning value to shareholders and may indicate confidence in the company's financial position and future prospects.

Murphy USA Inc. (NYSE: MUSA) ha annunciato un incremento del 2,3% del suo dividendo in contanti trimestrale. Il Consiglio di Amministrazione ha dichiarato un dividendo di $0,45 per azione, che corrisponde a $1,80 per azione annualmente. Questo rappresenta un aumento rispetto al dividendo del trimestre precedente. Il dividendo verrà pagato il 5 settembre 2024, agli azionisti registrati al 26 agosto 2024. Questo incremento dimostra l'impegno di Murphy USA nel restituire valore agli azionisti e potrebbe indicare fiducia nella posizione finanziaria dell'azienda e nelle prospettive future.

Murphy USA Inc. (NYSE: MUSA) ha anunciado un incremento del 2,3% en su dividendo en efectivo trimestral. La Junta Directiva declaró un dividendo de $0,45 por acción, lo que equivale a $1,80 por acción anualmente. Esto representa un aumento con respecto al dividendo del trimestre anterior. El dividendo se pagarán el 5 de septiembre de 2024, a los accionistas registrados a partir del 26 de agosto de 2024. Este aumento demuestra el compromiso de Murphy USA con la devolución de valor a los accionistas y puede indicar confianza en la posición financiera de la empresa y en sus perspectivas futuras.

머피 USA Inc. (NYSE: MUSA)는 분기 현금 배당금을 2.3% 인상했다고 발표했습니다. 이사회는 주당 $0.45의 배당금을 선언했으며, 이는 연간 주당 $1.80에 해당합니다. 이것은 이전 분기의 배당금보다 증가한 수치입니다. 배당금은 2024년 9월 5일에 배당금을 기록한 주주에게 2024년 8월 26일에 지급될 예정입니다. 이 증가는 머피 USA가 주주에게 가치를 반환하려는 의지를 보여주며, 회사의 재무 상태 및 미래 전망에 대한 자신감을 나타낼 수 있습니다.

Murphy USA Inc. (NYSE: MUSA) a annoncé une augmentation de 2,3% de son dividende en espèces trimestriel. Le Conseil d'Administration a déclaré un dividende de 0,45 $ par action, ce qui équivaut à 1,80 $ par action annuellement. Cela représente une augmentation par rapport au dividende du trimestre précédent. Le dividende sera versé le 5 septembre 2024, aux actionnaires enregistrés à partir du 26 août 2024. Cette augmentation témoigne de l'engagement de Murphy USA à restituer de la valeur aux actionnaires et peut indiquer une confiance dans la situation financière de l'entreprise et ses perspectives futures.

Murphy USA Inc. (NYSE: MUSA) hat eine Erhöhung von 2,3% bei seiner vierteljährlichen Barausschüttung angekündigt. Der Vorstand hat eine Dividende von 0,45 $ pro Aktie erklärt, was einer jährlichen Ausschüttung von 1,80 $ pro Aktie entspricht. Dies stellt eine Erhöhung gegenüber der Dividende des vorherigen Quartals dar. Die Dividende wird am 5. September 2024 an die Aktionäre ausgezahlt, die am 26. August 2024 im Aktienregister stehen. Diese Erhöhung zeigt das Engagement von Murphy USA, den Aktionären Wert zurückzugeben und könnte Vertrauen in die finanzielle Lage und die zukünftigen Perspektiven des Unternehmens anzeigen.

Positive
  • Quarterly dividend increased by 2.3% to $0.45 per share
  • Annualized dividend now stands at $1.80 per share
  • Dividend increase suggests company confidence in financial stability
Negative
  • None.

EL DORADO, Ark.--(BUSINESS WIRE)-- The Board of Directors of Murphy USA Inc. (NYSE: MUSA) today declared a quarterly cash dividend on the Common Stock of Murphy USA Inc. of $0.45 per share, or $1.80 per share on an annualized basis, reflecting a 2.3% increase from the prior quarter. The dividend is payable on September 5, 2024, to stockholders of record as of August 26, 2024.

About Murphy USA

Murphy USA (NYSE: MUSA) is a leading retailer of gasoline and convenience merchandise with more than 1,700 stores located primarily in the Southwest, Southeast, Midwest and Northeast United States. The company and its team of nearly 15,000 employees serve an estimated two million customers each day through its network of retail gasoline and convenience stores in 27 states. The majority of Murphy USA's stores are located in close proximity to Walmart Supercenters. The company also markets gasoline and other products at standalone stores under the Murphy Express and QuickChek brands. Murphy USA ranks 214 among Fortune 500 companies.

Forward-Looking Statements

Certain statements in this news release contain or may suggest “forward-looking” information (as defined in the Private Securities Litigation Reform Act of 1995) that involve risk and uncertainties, including, but not limited to our M&A activity, anticipated store openings and associated capital expenditures, fuel margins, merchandise margins, sales of RINs, trends in the Company’s operations, dividends and share repurchases. Such statements are based upon the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties. Actual future results may differ materially from historical results or current expectations depending upon factors including, but not limited to: the Company’s ability to successfully expand our food and beverage offerings; the Company’s ability to continue to maintain a good business relationship with Walmart; successful execution of the Company’s growth strategy, including the Company’s ability to realize the anticipated benefits from such growth initiatives, and the timely completion of construction associated with the Company’s newly planned stores which may be impacted by the financial health of third parties; the Company’s ability to effectively manage the Company’s inventory, disruptions in the Company’s supply chain and the Company’s ability to control costs; geopolitical events such as Russia’s invasion of Ukraine and the conflicts in the Middle East, that impact the supply and demand and price of crude oil; the impact of severe weather events, such as hurricanes, floods and earthquakes; the impact of a global health pandemic; the impact of any systems failures, cybersecurity and/or security breaches of the company or its vendor partners, including any security breach that results in theft, transfer or unauthorized disclosure of customer, employee or company information or the Company’s compliance with information security and privacy laws and regulations in the event of such an incident; successful execution of the Company’s information technology strategy; reduced demand for our products due to the implementation of more stringent fuel economy and greenhouse gas reduction requirements, or increasingly widespread adoption of electric vehicle technology; future tobacco or e-cigarette legislation and any other efforts that make purchasing tobacco products more costly or difficult could hurt the Company’s revenues and impact gross margins; changes to the Company’s capital allocation, including the timing, declaration, amount and payment of any future dividends or levels of the Company’s share repurchases, or management of operating cash; the market price of the Company’s stock prevailing from time to time, the nature of other investment opportunities presented to the Company from time to time, the Company’s cash flows from operations, and general economic conditions; compliance with debt covenants; availability and cost of credit; and changes in interest rates. Murphy USA’s SEC reports, including its most recent annual report on Form 10-K and quarterly reports on Form 10-Q, contain other information on these and other factors that could affect our financial results and cause actual results to differ materially from any forward-looking information we may provide. Murphy USA undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events, new information or future circumstances.

Investor Contact:

Christian Pikul – Vice President of Investor Relations and FP&A

Christian.Pikul@murphyusa.com



Ash Aulds – Director of Investor Relations and FP&A

Ash.Aulds@murphyusa.com

Source: Murphy USA Inc.

FAQ

What is the new quarterly dividend amount for Murphy USA (MUSA)?

The new quarterly dividend for Murphy USA (MUSA) is $0.45 per share.

When will Murphy USA (MUSA) pay its next dividend?

Murphy USA (MUSA) will pay its next dividend on September 5, 2024.

What is the record date for Murphy USA's (MUSA) upcoming dividend?

The record date for Murphy USA's (MUSA) upcoming dividend is August 26, 2024.

By what percentage did Murphy USA (MUSA) increase its dividend?

Murphy USA (MUSA) increased its dividend by 2.3% from the prior quarter.

What is the annualized dividend for Murphy USA (MUSA) after the recent increase?

The annualized dividend for Murphy USA (MUSA) after the recent increase is $1.80 per share.

MURPHY USA INC.

NYSE:MUSA

MUSA Rankings

MUSA Latest News

MUSA Stock Data

10.27B
20.72M
8.94%
85.03%
4.86%
Specialty Retail
Retail-auto Dealers & Gasoline Stations
Link
United States of America
EL DORADO