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Permian Resources Corporation (PR) Declares $0.12 Quarterly Dividend, Payable on November 28, 2023
Positive
The announcement of a $0.12 quarterly dividend reflects the company's commitment to returning value to shareholders.
The combination of base and variable dividends provides shareholders with a competitive return on their investment.
Negative
None.
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 $0.05 per share of Class A common stock, or $0.20 per share on an annualized basis. Additionally, the Board has declared a quarterly variable cash dividend of $0.07 per share of Class A common stock. Combined, the base and variable dividends represent a total of $0.12 per share. The base and variable dividends are payable on November 28, 2023 to shareholders of record as of November 20, 2023.
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.
What is the dividend amount declared by Permian Resources Corporation (PR)?
Permian Resources Corporation (PR) has declared a quarterly base cash dividend of $0.05 per share of Class A common stock, and a quarterly variable cash dividend of $0.07 per share of Class A common stock, totaling $0.12 per share.
When will the dividends be payable to shareholders of Permian Resources Corporation (PR)?
The dividends declared by Permian Resources Corporation (PR) will be payable on November 28, 2023, to shareholders of record as of November 20, 2023.
