Solaris Oilfield Infrastructure Announces Quarterly Cash Dividend

Rhea-AI Summary

Solaris Oilfield Infrastructure (NYSE:SOI) has declared a quarterly cash dividend of $0.105 per share of Class A common stock, payable on March 25, 2021, to shareholders of record as of March 15, 2021. This dividend also applies to holders of units in Solaris Oilfield Infrastructure, LLC. Solaris provides mobile equipment enhancing supply chain efficiency in oil and gas wells and operates in the U.S.'s active oil and natural gas basins. Further details can be found on their website.

Positive

• Quarterly cash dividend declared at $0.105 per share.
• Dividend payment reflects company confidence and profit generation.

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• None.

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 25, 2021 to holders of record as of March 15, 2021. 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 mobile proppant and chemical systems 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/20210305005582/en/

FAQ

What is the dividend amount for SOI?

The dividend amount for Solaris Oilfield Infrastructure (SOI) is $0.105 per share.

When will the dividend be paid for SOI?

The dividend will be paid on March 25, 2021.

What is the record date for the SOI dividend?

The record date for the SOI dividend is March 15, 2021.

Is the dividend sustainable for SOI?

The sustainability of the dividend depends on the company's ongoing financial performance and market conditions.