TXO Partners increases quarterly dividend to $0.65 per share, representing a 13.47% dividend yield.
TXO Partners, an oil and natural gas company, announced a $0.65 per share quarterly dividend increase, representing a 13.47% dividend yield and $2.60 annualized dividend. The dividend will be paid to stockholders of record on May 20th, with ex-dividend date on May 17th. Despite a 107.9% dividend payout ratio, TXO Partners' shares had a trading volume of 122,870 on May 8th, reaching $19.30 and a market cap of $593.48 million.
May 08, 2024
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