Viper Energy Increases Annual Base Dividend 11% To $1.20 Per Share; Declares Q2 2024 Base Cash Dividend Of $0.30 Per Class A Common Share
Portfolio Pulse from Benzinga Newsdesk
Viper Energy announced an 11% increase in its annual base dividend to $1.20 per share and declared a Q2 2024 base cash dividend of $0.30 per Class A common share, payable on August 22, 2024.
August 05, 2024 | 8:11 pm
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Viper Energy increased its annual base dividend by 11% to $1.20 per share and declared a Q2 2024 base cash dividend of $0.30 per share, payable on August 22, 2024.
The increase in the annual base dividend and the declaration of a Q2 2024 dividend are positive signals for investors, indicating strong financial health and a commitment to returning value to shareholders. This is likely to have a positive short-term impact on VNOM's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100