Unit Corporation Announces Payment and Record Dates for First Quarter Cash Dividend
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Unit Corporation announced a quarterly cash dividend of $1.25 per share for Q1 2025, payable on March 28, 2025, to shareholders of record as of March 18, 2025. The dividend will be funded by the company's cash reserves.
March 07, 2025 | 2:30 pm
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POSITIVE IMPACT
Unit Corporation will pay a $1.25 per share dividend for Q1 2025, funded by cash reserves. This reflects the company's strong cash position and commitment to returning value to shareholders.
The announcement of a dividend payment is generally positive for shareholders as it indicates financial health and a commitment to returning value. The use of cash reserves to fund the dividend suggests a strong balance sheet, likely boosting investor confidence and potentially leading to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 100