Matador Resources up after raising quarterly cash dividend

Matador Resources

16/10/2024 15:16

** Shares of oil and gas firm Matador Resources  MTDR.N 
rise 2.3% to $51.81
    ** MTDR says it intends to pay cash dividends of 25
cents/share each quarter from December
    ** The company currently pays 20 cents/share as cash
dividends each quarter
    ** Including session's moves, stock is down 9.64% YTD

 (Reporting by Pooja Menon in Bengaluru)
 ((Pooja.Menon@thomsonreuters.com;))