(Source: Shutterstock.com)
Murphy USA Inc.’s board of directors declared a quarterly cash dividend on the company’s common stock of $0.39 per share, or $1.56 per share on an annualized basis, according to an Aug. 18 press release.
This dividend reflects a 2.6% increase from the prior quarter. The dividend is payable on Sept. 7 to stockholders of record as of Aug. 28.
Recommended Reading
Private Equity Touts E&P Investments, Acknowledges Fundraising Woes
2023-07-10 - ESG pressures and declining returns in the past have hindered plans by private equity firms such as Quantum Energy Partners to raise billions of dollars.
The Financial Tightrope: Balancing Buybacks and Debt
2023-08-23 - Despite blowback, particularly from politicians, companies continue to balance debt repayment with rewarding shareholders.
S&P 500: Energy Sector Shows Resilience Despite Rough First Half
2023-07-28 - The energy sector led the S&P in 2022, but macroeconomic factors have weighed down its performance this year.
CEO Leslie Beyer Leaves Energy Workforce
2023-07-13 - With Leslie Beyer’s departure from Energy Workforce and Technology Council, both Molly Determan and Tim Tarpley have been jointly promoted to president to lead the organization in tandem.
Linde Sees Opportunity as E&Ps Enter Hydrogen Game
2023-07-30 - With more than 1,000 km of hydrogen pipeline in place and nearly 200 hydrogen refueling stations globally, Linde CEO says the company can scale up, even as big oil companies begin to enter the market.