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Solaris Oilfield Infrastructure Announces Quarterly Cash Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
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. This dividend will be paid on December 17, 2021, to shareholders on record as of December 7, 2021. A similar 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 provides mobile equipment to enhance supply chain efficiencies in oil and natural gas well completions, supporting its operations in major basins across the U.S.
Positive
Quarterly cash dividend of $0.105 per share signifies company confidence and income for shareholders.
Continued distributions indicate stable cash flow and commitment to returning value to investors.
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 17, 2021 to holders of record as of December 7, 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 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.