Solaris Oilfield Infrastructure Announces Quarterly Cash Dividend

Rhea-AI Summary

Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) has declared a quarterly cash dividend of $0.105 per share of Class A common stock, set for payment on December 16, 2022, to shareholders recorded as of December 6, 2022. Additionally, a dividend of $0.105 per unit has been approved for unit holders in Solaris Oilfield Infrastructure, LLC, with identical payment and record dates. Solaris provides mobile equipment that enhances oil and natural gas well completions across the U.S.

Positive

• Quarterly cash dividend of $0.105 per share signals financial health.
• Dividends are also payable to unit holders, indicating company stability.

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 December 16, 2022 to holders of record as of December 6, 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 across 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/20221117005926/en/

Yvonne Fletcher

Senior Vice President, Finance and Investor Relations

(281) 501-3070

IR@solarisoilfield.com

Source: Solaris Oilfield Infrastructure, Inc.

FAQ

What are the dividend details for Solaris Oilfield Infrastructure (SOI)?

Solaris has announced a dividend of $0.105 per share to be paid on December 16, 2022.

When is the record date for Solaris Oilfield Infrastructure's dividend?

The record date for the dividend is December 6, 2022.

Is the dividend sustainable for Solaris Oilfield Infrastructure (SOI)?

While the recent dividend declaration indicates financial health, sustainability can depend on future earnings and market conditions.