Range Resources will be keeping its dividend steady this quarter at $0.04 per share of common stock, the company announced today.
This is the same amount that the oil and natural gas producer has paid its investors since December 2007, after raising its payout by 33%, from $0.03 per share. Range Resource's latest dividend will be payable on Sept. 30 to shareholders of record as of Sept. 16.
Annualized, Range Resource's dividend totals to $0.16 per share. As of the market's close on Aug. 30, Range Resource's stock was trading at $74.98 per share, which means the company's stock currently yields 0.2%.
The article Range Resources Keeps Steady Dividend originally appeared on Fool.com.
Fool contributor Caroline Bennett has no position in any stocks mentioned. The Motley Fool recommends Range Resources. 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.