Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. It operates through two segments, Exploration and Production; and Midstream. The company primarily holds interests in the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. It also operates the Eagle Ford shale play in South Texas; and the Haynesville shale and Cotton Valley plays in Northwest Louisiana. In addition, the company conducts midstream operations in support of its exploration, development, and production operations; provides natural gas processing and oil transportation services; and offers oil, natural gas, and produced water gathering services, as well as produced water disposal services to third parties. As of December 31, 2021, its estimated total proved oil and natural gas reserves were 323.4 million barrels of oil equivalent, including 181.3 million stock tank barrels of oil and 852.5 billion cubic feet of natural gas. The company was formerly known as Matador Holdco, Inc. and changed its name to Matador Resources Company in August 2011. Matador Resources Company was founded in 2003 and is headquartered in Dallas, Texas.
Matador Resources Dividend Announcement
• Matador Resources announced a quarterly dividend of $0.25 per ordinary share which will be made payable on 2024-12-06. Ex dividend date: 2024-11-15
• Matador Resources annual dividend for 2024 was $0.85
• Matador Resources annual dividend for 2023 was $0.65
• Matador Resources's trailing twelve-month (TTM) dividend yield is 1.51%
• Matador Resources's payout ratio for the trailing twelve months (TTM) is 10.52%
Matador Resources Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-15 | $0.25 | quarterly | 2024-12-06 |
2024-08-15 | $0.20 | quarterly | 2024-09-05 |
2024-05-16 | $0.20 | quarterly | |
2024-02-22 | $0.20 | quarterly | 2024-03-13 |
2023-11-09 | $0.20 | quarterly | 2023-12-01 |
2023-08-10 | $0.15 | quarterly | 2023-09-01 |
2023-05-10 | $0.15 | quarterly | 2023-06-01 |
2023-02-24 | $0.15 | quarterly | 2023-03-09 |
2022-11-09 | $0.10 | quarterly | 2022-12-01 |
2022-08-16 | $0.10 | quarterly | 2022-09-01 |
2022-05-17 | $0.05 | quarterly | 2022-06-03 |
2022-03-03 | $0.05 | quarterly | 2022-03-14 |
2021-11-09 | $0.05 | quarterly | 2021-12-01 |
2021-08-11 | $0.03 | quarterly | 2021-09-03 |
2021-05-12 | $0.03 | quarterly | 2021-06-03 |
2021-03-23 | $0.03 | quarterly | 2021-03-31 |
Matador Resources Dividend per year
Matador Resources Dividend growth
Matador Resources Dividend Yield
Matador Resources current trailing twelve-month (TTM) dividend yield is 1.51%. Interested in purchasing Matador Resources stock? Use our calculator to estimate your expected dividend yield:
Matador Resources Financial Ratios
Matador Resources Dividend FAQ
Other factors to consider when evaluating Matador 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: Matador 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, Matador 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, Matador 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 Matador 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: Matador 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, Matador 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: Matador 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 Matador 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 Matador 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.