Solaris Oilfield Infrastructure Announces Quarterly Cash Dividend

Rhea-AI Summary

Solaris Oilfield Infrastructure has declared a quarterly cash dividend of $0.105 per share of Class A common stock, payable on March 17, 2022, to shareholders of record as of March 7, 2022. Additionally, a distribution of $0.105 per unit for holders of units in Solaris Oilfield Infrastructure, LLC has also been approved. Solaris is known for its mobile equipment that enhances supply chain efficiencies in oil and natural gas well completions across key US basins.

Positive

• Quarterly cash dividend of $0.105 per share indicates financial stability.
• Scheduled payments may enhance shareholder confidence.

Negative

• None.

HOUSTON--(BUSINESS WIRE)-- Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) (“Solaris”) announced today that its Board of Directors has declared a quarterly cash dividend of $0.105 per share of Class A common stock, to be paid on March 17, 2022 to holders of record as of March 7, 2022. A distribution of $0.105 per unit has also been approved for holders of units in Solaris Oilfield Infrastructure, LLC, which is subject to the same payment and record dates.

About Solaris Oilfield Infrastructure, Inc.

Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) provides mobile equipment that drives supply chain and execution efficiencies in the completion of oil and natural gas wells. Solaris’ patented equipment and services are deployed in many of the most active oil and natural gas basins in the United States. Additional information is available on our website, www.solarisoilfield.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220224006094/en/

Yvonne Fletcher

Senior Vice President, Finance and Investor Relations

(281) 501-3070

IR@solarisoilfield.com

Source: Solaris Oilfield Infrastructure, Inc.

FAQ

What is the dividend amount declared by Solaris Oilfield Infrastructure?

Solaris Oilfield Infrastructure has declared a dividend of $0.105 per share.

When will the dividend be paid to shareholders of Solaris Oilfield Infrastructure?

The dividend will be paid on March 17, 2022.

What are the record dates for the dividend payment?

The record date for the dividend is March 7, 2022.

Is there a distribution for units in Solaris Oilfield Infrastructure, LLC?

Yes, there is a distribution of $0.105 per unit for holders of units in Solaris Oilfield Infrastructure, LLC.

How often does Solaris Oilfield Infrastructure pay dividends?

Solaris Oilfield Infrastructure typically pays dividends quarterly.