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. The dividend will be paid on September 24, 2021 to shareholders of record as of September 14, 2021. Additionally, a distribution of $0.105 per unit has been approved for holders of units in Solaris Oilfield Infrastructure, LLC, with the same payment and record dates. Solaris specializes in providing mobile equipment for oil and natural gas well completion, enhancing supply chain efficiencies.

Positive

• Quarterly cash dividend of $0.105 per share signals strong company performance.
• The dividend payment reflects management's confidence in continued business stability.

Negative

• 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 September 24, 2021 to holders of record as of September 14, 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/20210819005787/en/

FAQ

What is the dividend amount declared by Solaris Oilfield Infrastructure?

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

When will the dividend be paid to shareholders?

The dividend will be paid on September 24, 2021.

What are the record dates for the dividend?

The record date for the dividend is September 14, 2021.

Is there a dividend distribution for unit holders of Solaris Oilfield Infrastructure, LLC?

Yes, a distribution of $0.105 per unit has been approved for holders of units in Solaris Oilfield Infrastructure, LLC.