Riley Permian Declares Quarterly Cash Dividend

Rhea-AI Summary

Riley Exploration Permian, Inc. (NYSE American: REPX) has announced a cash dividend of $0.31 per share on its common stock. This dividend will be paid on May 5, 2022 to stockholders of record by the close of business on April 21, 2022. The declaration reflects the company's commitment to returning value to its shareholders while focusing on growth in oil and natural gas production.

Positive

• Dividend of $0.31 per share enhances shareholder income.
• Demonstrates company confidence in financial stability and performance.

Negative

• None.

OKLAHOMA CITY, April 11, 2022 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company") today announced that its Board of Directors has declared a cash dividend on the Company's common stock in the amount of $0.31 per share. The dividend is payable on May 5, 2022 to stockholders of record as of the close of business on April 21, 2022.

About Riley Exploration Permian, Inc.
Riley Permian is a growth-oriented, independent oil and natural gas company focused on the acquisition, exploration, development and production of oil, natural gas, and natural gas liquids. For more information please visit www.rileypermian.com.

Investor Contact:
Rick D'Angelo 
405-438-0126 
IR@rileypermian.com

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SOURCE Riley Exploration Permian, Inc.

FAQ

What is the dividend amount declared by Riley Exploration Permian (REPX)?

Riley Exploration Permian (REPX) declared a cash dividend of $0.31 per share.

When will the dividend for REPX be paid?

The dividend will be paid on May 5, 2022.

What is the record date for the dividend payment by REPX?

The record date for the dividend payment is April 21, 2022.

How frequently does Riley Exploration Permian declare dividends?

The press release does not specify the frequency of dividend declarations for Riley Exploration Permian.

Is the dividend declared by REPX sustainable?

The sustainability of the dividend is not detailed in the press release.