Policy
The payment of a regular quarterly dividend has long been a priority for Riley Permian, dating back to its predecessor entity as a private company. Going forward, one of Riley Permian’s core priorities is to continue to pay a regular quarterly dividend, consistent with our shareholder-focused business model.
“Our solid asset base, strong balance sheet and manageable production profile supports our ability to generate free cash flow to maintain our quarterly dividend.”
- Bobby Riley, Chairman and CEO
The level of dividend undergoes periodic review by the company’s Board of Directors and is subject to change at any time depending on a variety of factors, including, operational and financial performance, investment opportunities, the company’s financial liquidity situation and general market conditions. Dividends on common stock, as declared by the Board of Directors, will typically have a Record Date date near the middle of January, April, July and October, and will typically be paid during the first half of February, May, August and November.
Latest Declared
Declared
April 11, 2024
Record Date
April 25, 2024
Payable
May 9, 2024
Quarterly Dividend
$0.36 per share