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Dividends

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
July 9, 2021

Record Date
July 23, 2021

Payable
August 6, 2021

Quarterly Dividend
$0.28 per share


Dividend History as a Public Company

Declared Record Date Payable Quarterly Dividend Annualized Dividend
March 4, 2021 April 16, 2021 May 7, 2021 $0.28
July 9, 2021July 23, 2021August 6, 2021$0.28$1.12
Total dividends in 2021: $0.56