Pioneer Natural Resources Increases Dividend on Common Shares

Rhea-AI Summary

Pioneer Natural Resources Company (NYSE:PXD) has announced an increase in its quarterly cash dividend to $0.56 per share, which amounts to $2.24 annually. This dividend will be paid on April 14, 2021, to shareholders on record as of March 31, 2021. The company, headquartered in Dallas, Texas, specializes in oil and gas exploration and production.

Positive

• Quarterly cash dividend increased to $0.56 per share.
• Annualized dividend of $2.24 per share enhances shareholder income.

Negative

• None.

Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or “the Company”) announced today that its Board of Directors approved an increase in the Company’s quarterly cash dividend to $0.56 per share (equivalent to $2.24 per share on an annualized basis). The quarterly dividend of $0.56 per share is payable April 14, 2021, to stockholders of record at the close of business on March 31, 2021.

Pioneer is a large independent oil and gas exploration and production company, headquartered in Dallas, Texas, with operations in the United States. For more information, visit www.pxd.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210204006087/en/

FAQ

What is the new quarterly dividend amount for Pioneer Natural Resources (PXD)?

The new quarterly dividend amount is $0.56 per share.

When will the dividend for PXD be paid?

The dividend will be paid on April 14, 2021.

What is the record date for the dividend payment of Pioneer Natural Resources?

The record date for the dividend payment is March 31, 2021.

What is the annualized dividend amount for PXD?

The annualized dividend amount is $2.24 per share.