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EOG Resources hikes dividend by 4.6%

EOG Resources (EOG) will raise its quarterly dividend by 4.6% to $1.02 quarterly per share in 2025. This comes after a 7.1% dividend hike by EOG last November. This marks the 8th consecutive year of increases for EOG Resources.

EOG Resources hikes dividend by 7.1% to $0.975 quarterly

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EOG Resources Inc. (EOG) will increase its quarterly dividend by 7.1% to 97.5 cents per share in 2024. This marks 7 consecutive year of increased dividends for the oil and gas producer.

EOG Resources hikes dividend by 81.8% and pays special dividend

EOG Resources Inc. (EOG) will increase its quarterly dividend by another 81.8 percent to $0.75 per share in 2021. Shareholders will also receive a second special dividend this year with a $2.00 payment in December. Earlier EOG already hiked the dividend by 10 percent 41.25 cents per share in 2021 and paid a $1.00 per share special dividend. A new annual dividend rate of $3.00 per share yields 3.2% at a stock price of $95 for EOG. The special dividend of $2.00 per share will be paid on December 30, 2021 with the ex-dividend being on December 14. EOG Resources, Inc. , organized in 1985, together with its subsidiaries explores for, develops, produces and markets crude oil and natural gas primarily in major producing basins in the United States of America, The Republic of Trinidad and Tobago (Trinidad), The People's Republic of China (China), Canada and select other international areas. EOG's operations are all crude oil and natural gas exploration and production related.

EOG Resources hikes dividend by 10%

EOG Resources Inc. (EOG) will increase its quarterly dividend by 10 percent 41.25 cents per share in 2021. This follows a dividend hike of 30.4 percent to $0.375 per share in 2020. The oil company has now hiked its dividend 4 consecutive years. The next dividend will be payable April 30, 2021, to stockholders of record as of April 16, 2021. The indicated annual rate is $1.65 per share yields 2.3% at a stock price of $70.51. "The increase in the regular dividend reflects the significant progress EOG has made in the past 12 months. We have lowered operating costs and well costs, in turn reducing the breakeven oil price needed to maintain our production. It also demonstrates the confidence we have in the resiliency of our business. We will evaluate all options to maximize total shareholder return as cash becomes available." (CEO Bill Thomas commenting on the dividend hike). EOG Resources, Inc., organized in 1985, together with its subsidiaries explores for, develops, produces an...

EOG Resources hikes dividend by 30.4%

EOG Resources Inc. (EOG) will increase its quarterly dividend by 30.4 percent to $0.375 per share in 2020. Last year the oil company hiked its dividend by 30.7 percent. EOG has now hiked its dividend three consecutive years. The next dividend will be payable April 30, 2020, to stockholders of record as of April 16, 2020. The indicated annual rate is $1.50 per share yields 1.8% at a stock price of $60. "Year after year, EOG keeps getting better, delivering record operating performance in 2019. Significant capital efficiency improvements from strong well productivity and sustainable cost reductions allowed us to deliver higher production with less capital investment than we planned at the beginning of the year," said William R. "Bill" Thomas, Chairman and Chief Executive Officer in the company's press release announcing the fourth quarter and full-year 2019 results. "We did this while generating substantial free cash flow, strengthening our financial posi...

EOG Resources hikes dividend by 30.7%

EOG Resources (EOG) will increase its quarterly dividend by 30.7 percent to $0.2875 per share in 2019. Last year the company hiked its dividend by a total of 31.3 percent. The next dividend will be payable July 31, 2019, to holders of record as of July 17, 2019. The indicated annual rate is $1.15 per share. The indicated annual rate is $1.15 per share and yields 1.3% at a stock price of $89.17. "EOG's commitment to increasing cash returns to stockholders continues, as we have now increased our dividend by 72 percent during the past 14 months. This is made possible through our relentless efforts to lower costs, increase returns and fundamentally reset the business to be profitable even in a low oil price environment. We are confident our results will continue to improve, guided by our unique culture and sustainable business model," Thomas said. EOG Resources, Inc., organized in 1985, together with its subsidiaries explores for, develops, produces and markets crude oi...