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Permian Resources (NYSE: PR) declared a quarterly base cash dividend of $0.06 per share of Class A common stock, and a quarterly variable cash dividend of $0.14 per share, totaling $0.20 per share annually. The dividends will be payable on May 29, 2024, to shareholders of record as of May 21, 2024.
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MIDLAND, Texas--(BUSINESS WIRE)--
Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced that its Board of Directors (the “Board”) declared a quarterly base cash dividend of $0.06 per share of Class A common stock, or $0.24 per share on an annualized basis. Additionally, the Board has declared a quarterly variable cash dividend of $0.14 per share of Class A common stock. Combined, the base and variable dividends represent a total of $0.20 per share. The base and variable dividends are payable on May 29, 2024 to shareholders of record as of May 21, 2024.
About Permian Resources
Headquartered in Midland, Texas, Permian Resources is an independent oil and natural gas company focused on the responsible acquisition, optimization and development of high-return oil and natural gas properties. The Company’s assets and operations are concentrated in the core of the Delaware Basin, making it the second largest Permian Basin pure-play E&P. For more information, please visit www.permianres.com.
Permian Resources declared a quarterly base cash dividend of $0.06 per share and a quarterly variable cash dividend of $0.14 per share, totaling $0.20 per share annually.
When will the dividends be payable?
The dividends will be payable on May 29, 2024.
Who are the shareholders eligible to receive the dividends?
Shareholders of record as of May 21, 2024, are eligible to receive the dividends.
