Energen Board Increases Cash Dividend 3.6 Percent

Before you go, we thought you'd like these...
Before you go close icon

Energen Board Increases Cash Dividend 3.6 Percent

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- The Board of Directors of Energen Corporation (NYS: EGN) today increased the quarterly cash dividend 3.6 percent to 14.5 cents per share. This marks the 31st consecutive year that Energen's cash dividend has been increased.

On an annualized basis, the company's new dividend rate is 58 cents per share. The dividend is payable March 1, 2013, to shareholders of record on February 15, 2013.


Energen Corporation is an oil and gas exploration and production company with headquarters in Birmingham, Alabama. Through Energen Resources Corporation, the company has approximately 750 million barrels of oil-equivalent proved, probable, and possible reserves. These all-domestic reserves are located mainly in the Permian and San Juan basins. For more information, go tohttp://www.energen.com.



Energen Corporation
Julie S. Ryland, 205-326-8421

KEYWORDS:   United States  North America  Alabama

INDUSTRY KEYWORDS:

The article Energen Board Increases Cash Dividend 3.6 Percent originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners