Range Increases Quarterly Dividend by 12.5%
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Range Resources Corporation (NYSE: RRC) announced a 12.5% increase in its quarterly cash dividend, now at $0.09 per share, payable on March 28, 2025. This results in an annualized dividend of $0.36 per share.
February 28, 2025 | 9:30 pm
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Range Resources Corporation has increased its quarterly dividend by 12.5%, signaling strong financial health and commitment to returning value to shareholders.
The increase in the dividend suggests that Range Resources is performing well financially and is confident in its cash flow. This is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100