Matador raises fixed quarterly dividend 25% to 25c per quarter

Matador (MTDR) said its Board of Directors increased its fixed quarterly dividend by 25% to $0.25 per quarter, or $1.00 per share on an annual basis, from the prior dividend of $0.20 per quarter. This was the fifth dividend increase in four years and is further evidence of the confidence of the Board and our senior staff in Matador’s future. Since 2021, Matador has doubled the value of its assets and returned $230 million in dividends to its shareholders.