Riley Exploration Permian, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in Texas and New Mexico. The company's activities are primarily focused on the San Andres Formation, a shelf margin deposit on the Central Basin Platform and Northwest Shelf. Its acreage is primarily located on contiguous blocks in Yoakum County, Texas; and Lea and Roosevelt Counties, New Mexico. As of September 30, 2021, the company had approximately 31,352 net acres and a total of 77 net producing wells. Riley Exploration Permian, Inc. is headquartered in Oklahoma City, Oklahoma.
Riley Exploration Permian Dividend Announcement
• Riley Exploration Permian announced a quarterly dividend of $0.38 per ordinary share which will be made payable on 2024-11-07. Ex dividend date: 2024-10-24
• Riley Exploration Permian annual dividend for 2024 was $1.46
• Riley Exploration Permian annual dividend for 2023 was $1.38
• Riley Exploration Permian's trailing twelve-month (TTM) dividend yield is 6.9%
• Riley Exploration Permian's payout ratio for the trailing twelve months (TTM) is 29.35%
Riley Exploration Permian Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-24 | $0.38 | quarterly | 2024-11-07 |
2024-07-25 | $0.36 | quarterly | 2024-08-08 |
2024-04-24 | $0.36 | quarterly | 2024-05-09 |
2024-01-24 | $0.36 | quarterly | 2024-02-08 |
2023-10-25 | $0.36 | quarterly | 2023-11-09 |
2023-07-19 | $0.34 | quarterly | 2023-08-03 |
2023-04-24 | $0.34 | quarterly | 2023-05-09 |
2023-01-24 | $0.34 | quarterly | 2023-02-08 |
2022-10-21 | $0.34 | quarterly | 2022-11-07 |
2022-07-22 | $0.31 | quarterly | 2022-08-08 |
2022-04-20 | $0.31 | quarterly | 2022-05-05 |
2022-01-25 | $0.31 | quarterly | 2022-02-09 |
2021-10-20 | $0.31 | quarterly | 2021-11-04 |
2021-07-22 | $0.28 | quarterly | 2021-08-06 |
2021-04-15 | $0.28 | quarterly | 2021-05-07 |
Riley Exploration Permian Dividend per year
Riley Exploration Permian Dividend growth
Riley Exploration Permian Dividend Yield
Riley Exploration Permian current trailing twelve-month (TTM) dividend yield is 6.9%. Interested in purchasing Riley Exploration Permian stock? Use our calculator to estimate your expected dividend yield:
Riley Exploration Permian Financial Ratios
Riley Exploration Permian Dividend FAQ
Other factors to consider when evaluating Riley Exploration Permian 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: Riley Exploration Permian'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, Riley Exploration Permian 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, Riley Exploration Permian 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 Riley Exploration Permian 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: Riley Exploration Permian 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, Riley Exploration Permian distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Riley Exploration Permian 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 Riley Exploration Permian'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 Riley Exploration Permian'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.