Cimarex Energy Co. Announces Quarterly Dividend

Rhea-AI Summary

Cimarex Energy Co. (NYSE: XEC) has declared a quarterly dividend of $0.27 per share on its common stock. This dividend is to be paid on September 1, 2021, with the record date set for August 13, 2021. As an independent oil and gas exploration and production company, Cimarex operates primarily in the Permian Basin and Mid-Continent areas of the U.S.

Positive

• Quarterly dividend of $0.27 per share enhances shareholder income.
• Dividend payment demonstrates company confidence in cash flow.

Negative

• None.

DENVER, May 13, 2021 /PRNewswire/ -- Cimarex Energy Co.'s (NYSE: XEC) Board of Directors today declared a quarterly dividend of $0.27 per share on the Company's common stock. The dividend will be payable on September 1, 2021, to shareholders of record on August 13, 2021.

Cimarex Energy 
Denver-based Cimarex Energy Co. is an independent oil and gas exploration and production company with principal operations in the Permian Basin and Mid-Continent areas of the U.S. For more information about Cimarex, visit www.cimarex.com.

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SOURCE Cimarex Energy Co.

FAQ

What is the dividend amount declared by Cimarex Energy (XEC)?

Cimarex Energy has declared a quarterly dividend of $0.27 per share.

When will Cimarex Energy's dividend be paid?

The dividend will be payable on September 1, 2021.

What is the record date for Cimarex Energy's dividend?

The record date for the dividend is August 13, 2021.