11-04-2021, 04:02 PM
(11-04-2021, 03:54 PM)stockguru Wrote:(11-04-2021, 03:38 PM)EricL Wrote: WOW!!!
EOG Resources (NYSE:EOG) declares $0.75/share quarterly dividend, 81.8% increase from prior dividend of $0.41.
Forward yield 3.3%
Payable Jan. 28; for shareholders of record Jan. 14; ex-div Jan. 13.
The company also declared a special dividend of $2.00 per share, payable on December 30; for stockholders of record December 15.
The board of directors updated share repurchase authorization to $5B (9% of market cap).
Great news.
Believe it or not the stock is still down from $131 set 5 years ago, so it has more room to run.
I agree it has a bright future. A much stronger company now than it was 5 years ago too.