Matador Resources ( (MTDR) ) has shared an update.
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Matador Resources Company has announced a significant update to its dividend policy, increasing the quarterly cash dividend to $0.25 per share, reflecting a 25% rise from the previous $0.20. This move, marking the company’s fifth dividend boost in four years, underscores Matador’s commitment to enhancing shareholder value, backed by solid financial performance and operational growth. The new dividend will be paid on December 6, 2024, to shareholders recorded by November 15, 2024.
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