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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

January 11, 2023

Record Date
January 25, 2023

February 8, 2023

Quarterly Dividend
$0.34 per share

Dividend History as a Public Company

Declared Record Date Payable Quarterly Dividend Annualized Dividend
January 11, 2023January 25, 2023February 8, 2023$0.34$1.36

October 10, 2022October 24, 2022November 7, 2022$0.34$1.36
July 11, 2022July 25, 2022August 8, 2022$0.31$1.24
April 11, 2022April 21, 2022May 5, 2022$0.31$1.24
January 12, 2022January 26, 2022February 9, 2022 $0.31$1.24

October 7, 2021October 21, 2021November 4, 2021
July 9, 2021July 23, 2021August 6, 2021$0.28$1.12
March 4, 2021April 16, 2021May 7, 2021$0.28$1.12