EOG Resources (EOG) Raises Special Dividend 30.7% to $0.2875; 0.3% Yield

EOG Resources (NYSE: EOG) declared a special dividend of $0.2875 per share. This is a 30.7% increase from the prior dividend of $0.22.

The dividend will be payable on July 31, 2019, to stockholders of record on July 17, 2019, with an ex-dividend date of July 16, 2019.

The annual yield on the dividend is 0.3 percent.

"EOG's commitment to increasing cash returns to stockholders continues, as we have now increased our dividend by 72 percent during the past 14 months. This is made possible through our relentless efforts to lower costs, increase returns and fundamentally reset the business to be profitable even in a low oil price environment. We are confident our results will continue to improve, guided by our unique culture and sustainable business model," Thomas said.

For a dividend history and other dividend-related data on EOG Resources (EOG) click here.

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