Matador Resources Company (NYSE: MTD) has just declared a quarterly cash dividend of $0.20 per share of common stock. This dividend will be payable on September 5, 2024, to shareholders of record as of August 15, 2024.
In terms of financial performance, let's take a look at some key metrics from Matador Resources Company's recent filings.
- In the most recent quarter, the company reported a revenue of $441.6 million, a 33% increase from the same period last year.
- Net income for the quarter was $78.9 million, up significantly from $28.1 million in the previous year.
- Earnings per share stood at $0.63, compared to $0.23 in the corresponding period last year.
Furthermore, the company's operating cash flow has also shown strong growth, reaching $186.5 million in the most recent quarter, compared to $103.7 million in the same period last year.
These figures demonstrate the company's robust financial performance and its ability to generate significant returns for its shareholders. As a result of these announcements, the company's shares have moved -0.3% on the market, and are now trading at a price of $65.03. For the full picture, make sure to review Matador Resources's 8-K report.