Vitesse Energy Declares $0.50 Quarterly Cash Dividend

Rhea-AI Summary

Vitesse Energy, Inc. (VTS) Declares $0.50 Per Share Cash Dividend for Third Quarter 2023

Positive

• Vitesse Energy, Inc. (VTS) declares a cash dividend of $0.50 per share for the third quarter of 2023, demonstrating a commitment to rewarding shareholders.
• The announcement reflects Vitesse's financial stability and confidence in its future earnings, potentially attracting income-seeking investors.

Negative

• None.

CENTENNIAL, Colo.--(BUSINESS WIRE)-- Vitesse Energy, Inc. (NYSE: VTS) (“Vitesse”) today announced that its Board of Directors declared its third quarter cash dividend for Vitesse’s common stock of $0.50 per share for stockholders of record as of September 15, 2023, which will be paid on September 29, 2023. Future declarations of quarterly dividends and the establishment of record and payment dates are subject to approval by the Board of Directors.

ABOUT VITESSE ENERGY, INC.

Vitesse Energy, Inc. is focused on returning capital to stockholders through owning financial interests as a non-operator in oil and gas wells drilled by leading US operators.

More information about Vitesse can be found at www.vitesse-vts.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230727733590/en/

INVESTOR AND MEDIA CONTACT

Ben Messier, CFA

Director – Investor Relations

(720) 532-8232

benmessier@vitesse-vts.com

Source: Vitesse Energy, Inc.

FAQ

What is the cash dividend declared by Vitesse Energy, Inc. for the third quarter of 2023?

Vitesse Energy, Inc. (VTS) has declared a cash dividend of $0.50 per share for the third quarter of 2023.

When will the cash dividend be paid to Vitesse Energy, Inc. shareholders?

The cash dividend will be paid on September 29, 2023, to stockholders of record as of September 15, 2023.

What is the record date for the Vitesse Energy, Inc. cash dividend?

The record date for the cash dividend is September 15, 2023.

What is the significance of Vitesse Energy, Inc. declaring a cash dividend?

The declaration of a cash dividend signifies Vitesse's commitment to rewarding its shareholders and reflects the company's financial stability and confidence in its future earnings.