CNX Resources Corporation, an independent natural gas and midstream company, acquires, explores for, develops, and produces natural gas properties in the Appalachian Basin. The company operates in two segments, Shale and Coalbed Methane. It produces and sells pipeline quality natural gas primarily for gas wholesalers. The company owns rights to extract natural gas in Pennsylvania, West Virginia, and Ohio from approximately 526,000 net Marcellus Shale acres; and approximately 610,000 net acres of Utica Shale, as well as rights to extract natural gas from other shale and shallow oil and gas positions from approximately 1,006,000 net acres in Illinois, Indiana, New York, Ohio, Pennsylvania, Virginia, and West Virginia. It also owns rights to extract coalbed methane (CBM) in Virginia from approximately 282,000 net CBM acres in Central Appalachia, as well as 1,733,000 net CBM acres in West Virginia, Pennsylvania, Ohio, Illinois, Indiana, and New Mexico. In addition, the company designs, builds, and operates natural gas gathering systems to move gas from the wellhead to interstate pipelines or other local sales points; owns and operates approximately 2,600 miles of natural gas gathering pipelines, as well as various natural gas processing facilities. It also offers turn-key solutions for water sourcing, delivery, and disposal for its natural gas operations and for third parties. The company was formerly known as CONSOL Energy Inc. and changed its name to CNX Resources Corporation in November 2017. CNX Resources Corporation was founded in 1860 and is headquartered in Canonsburg, Pennsylvania.
CNX Resources Dividend Announcement
• CNX Resources announced a annually dividend of $0.27 per ordinary share which will be made payable on . Ex dividend date: 2017-02-02
• CNX Resources's trailing twelve-month (TTM) dividend yield is -%
CNX Resources Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2017-02-02 | $0.27 | annually | |
2016-02-11 | $0.01 | annually | 2016-03-03 |
2015-11-09 | $0.01 | annually | 2015-11-20 |
2015-08-06 | $0.01 | annually | 2015-08-24 |
2015-05-07 | $0.06 | annually | 2015-05-21 |
2015-02-12 | $0.06 | annually | 2015-03-05 |
2014-11-06 | $0.06 | annually | 2014-12-02 |
2014-08-13 | $0.06 | annually | 2014-09-02 |
2014-05-08 | $0.06 | annually | 2014-05-30 |
2014-02-12 | $0.06 | annually | 2014-02-28 |
2013-11-13 | $0.12 | annually | 2013-12-04 |
2013-08-07 | $0.12 | annually | 2013-08-23 |
2013-05-08 | $0.12 | annually | 2013-05-24 |
2012-12-19 | $0.12 | annually | 2012-12-28 |
2012-11-07 | $0.12 | annually | 2012-11-23 |
2012-08-08 | $0.12 | annually | 2012-08-24 |
2012-05-09 | $0.12 | annually | 2012-05-25 |
2012-02-03 | $0.12 | annually | 2012-02-21 |
2011-11-08 | $0.12 | annually | 2011-11-25 |
2011-08-08 | $0.10 | annually | 2011-08-22 |
2011-05-11 | $0.10 | annually | 2011-05-24 |
2011-02-04 | $0.10 | annually | 2011-02-18 |
2010-11-09 | $0.10 | annually | 2010-11-26 |
2010-08-11 | $0.10 | annually | 2010-08-23 |
2010-05-06 | $0.10 | annually | 2010-05-20 |
2010-02-05 | $0.10 | annually | 2010-02-19 |
2009-11-02 | $0.10 | annually | 2009-11-20 |
2009-08-04 | $0.10 | annually | 2009-08-24 |
2009-05-01 | $0.08 | annually | 2009-05-22 |
2009-02-05 | $0.10 | annually | 2009-02-20 |
2008-11-03 | $0.10 | annually | 2008-11-21 |
2008-08-05 | $0.10 | annually | 2008-08-25 |
2008-05-02 | $0.10 | annually | 2008-05-27 |
2008-02-05 | $0.10 | annually | 2008-02-22 |
2007-11-05 | $0.10 | annually | 2007-11-23 |
2007-08-07 | $0.07 | annually | 2007-08-27 |
2007-05-04 | $0.07 | annually | 2007-05-29 |
2007-02-06 | $0.07 | annually | 2007-02-23 |
2006-11-06 | $0.07 | annually | 2006-11-24 |
2006-08-08 | $0.07 | annually | 2006-08-28 |
2006-05-05 | $0.14 | annually | 2006-05-30 |
2006-02-07 | $0.14 | annually | 2006-02-24 |
CNX Resources Dividend per year
CNX Resources Dividend growth
CNX Resources Dividend Yield
CNX Resources current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing CNX Resources stock? Use our calculator to estimate your expected dividend yield:
CNX Resources Financial Ratios
CNX Resources Dividend FAQ
Other factors to consider when evaluating CNX Resources as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: CNX Resources's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, CNX Resources publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, CNX Resources distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from CNX Resources are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: CNX Resources sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, CNX Resources distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CNX Resources declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of CNX Resources's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review CNX Resources's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.