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Northern Oil and Gas, Inc. Declares Cash Dividend on its Common Stock, Increased 50% Over Prior Quarter

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(Low)
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dividends
Rhea-AI Summary

Northern Oil and Gas (NYSE American: NOG) has declared a cash dividend of $0.045 per share, marking a 50% increase from the previous quarterly dividend. The dividend is scheduled to be payable on October 29, 2021, to shareholders on record as of September 30, 2021. This decision underscores the company's commitment to returning value to its shareholders amid its strategy of investing in non-operated minority working and mineral interests in U.S. oil and gas properties.

Positive
  • Dividend increased by 50%, indicating strong financial performance.
  • Shareholders will receive $0.045 per share, enhancing income for investors.
Negative
  • None.

Northern Oil and Gas, Inc. (NYSE American: NOG) today announced that its Board of Directors has declared a cash dividend on the Company’s common stock in the amount of $0.045 per share, representing a 50% increase from the prior quarterly dividend. The dividend is payable on October 29, 2021, to stockholders of record as of the close of business on September 30, 2021.

ABOUT NORTHERN OIL AND GAS

Northern Oil and Gas, Inc. is a company with a primary strategy of investing in non-operated minority working and mineral interests in oil & gas properties, with a core area of focus in the premier basins within the United States. More information about Northern Oil and Gas, Inc. can be found at www.northernoil.com.

FAQ

What is the amount of the cash dividend declared by NOG?

Northern Oil and Gas declared a cash dividend of $0.045 per share.

When is the cash dividend payable for NOG?

The cash dividend is payable on October 29, 2021.

What was the percentage increase in the dividend for NOG?

The dividend increased by 50% from the prior quarterly dividend.

Who is eligible to receive the NOG dividend?

Shareholders of record as of the close of business on September 30, 2021, are eligible.

Northern Oil and Gas, Inc.

NYSE:NOG

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3.59B
92.45M
7.39%
112.47%
14.98%
Oil & Gas E&P
Crude Petroleum & Natural Gas
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United States of America
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