PHX Minerals Declares Regular Dividend of $0.03 Per Share

Rhea-AI Summary

PHX Minerals, listed on the NYSE as PHX, has announced a quarterly dividend of $0.03 per share.

This dividend will be paid on June 11, 2024, to shareholders who own the stock as of May 31, 2024.

The announcement was made by the company's Board of Directors on May 20, 2024.

Positive

• Quarterly dividend declaration of $0.03 per share.
• Consistent dividend payout can indicate financial stability.

Negative

• Dividend of $0.03 may be considered low by some investors, potentially signaling profitability.

FORT WORTH, Texas, May 20, 2024 /PRNewswire/ -- PHX Minerals Inc., (NYSE: PHX), today announced that its Board of Directors has declared a quarterly dividend of $0.03 per share on the company's common stock. The dividend is payable on June 11, 2024, to shareholders of record on May 31, 2024. 

About PHX Minerals Inc. 

PHX Minerals is a natural gas and oil mineral company with a strategy to proactively grow its mineral position in its core focus areas. PHX owns mineral acreage principally located in Oklahoma, Texas, Louisiana, North Dakota and Arkansas.  Additional information on the Company can be found at www.phxmin.com. 

View original content:https://www.prnewswire.com/news-releases/phx-minerals-declares-regular-dividend-of-0-03-per-share-302149185.html

SOURCE PHX MINERALS INC.

FAQ

What dividend did PHX Minerals declare on May 20, 2024?

PHX Minerals declared a quarterly dividend of $0.03 per share on May 20, 2024.

When is the dividend payment date for PHX Minerals?

The dividend will be paid on June 11, 2024.

What is the record date for PHX Minerals' dividend?

The record date for the dividend is May 31, 2024.

What is the stock symbol for PHX Minerals?

The stock symbol for PHX Minerals is PHX.

How often does PHX Minerals pay dividends?

PHX Minerals pays dividends quarterly.