EOG Resources Maintains Dividend

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EOG Resources isn't adjusting the flow of its shareholder payout for now. The company has declared a quarterly common stock dividend of $0.1875 per share, to be paid on October 31 to shareholders of record as of October 17. That amount matches both of the firm's two preceding distributions, the most recent of which was dispensed at the end of July. Prior to that, EOG Resources was marginally less generous, paying $0.17 per share.

The firm has been a steady and consistent dividend payer for over a decade-and-a-half. It has handed out a distribution since April 1998.

The just-declared dividend annualizes to $0.75 per share. That yields 0.5% at EOG Resources' most recent closing stock price of $161.43.

The article EOG Resources Maintains Dividend originally appeared on Fool.com.

Fool contributor Eric Volkman has no position in EOG Resources. Nor does The Motley Fool. 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.

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