Matador Resources raised its quarterly cash dividend to $0.4375 per share, up from $0.375, a 17% increase. On an annualized basis, the payout rises to $1.75 per share from $1.50.
The new dividend policy begins in the fourth quarter of 2026. Matador also declared the same $0.4375-per-share quarterly dividend for payment on December 4, 2026, to shareholders of record on November 10, 2026.
The company said this is its eighth dividend increase in five years. As a result of these announcements, the company's shares have moved 0.1% on the market, and are now trading at a price of $57.44. For more information, read the company's full 8-K submission here.
