Range Resources Boosts Quarterly Dividend, Reflecting Growth

Author: Addison Perry Updated: 02-28-2025 04:30 PM

Range Resources Declares Quarterly Dividend Increase

Recent news from RANGE RESOURCES CORPORATION (NYSE: RRC) highlights a significant development for its shareholders. The company has announced a 12.5% increase in its quarterly cash dividend, now set at $0.09 per common share. This decision underscores Range's commitment to returning value to its investors while enhancing shareholder confidence.

Details of the Dividend Declaration

The dividend is scheduled to be payable on March 28 to stockholders on record by the close of business on March 14. This announcement reflects Range's sustainable financial practices and continued growth within the energy sector. With an annualized dividend totaling $0.36 per share, the increase is recognized as a sign of the company’s solid performance and strategic planning.

Company Overview and Industry Position

RANGE RESOURCES CORPORATION (NYSE: RRC) is distinguished as a leading independent natural gas and NGL producer in the United States. The company's operations are primarily focused on the productive areas of the Appalachian Basin, where it has established a strong foothold. With its headquarters situated in Fort Worth, Texas, Range Resources continues to drive forward with innovative exploration and production strategies.

Commitment to Financial Strength

The sustained growth in dividends is a testament to Range's robust financial health. By consistently increasing dividends, the company not only rewards its shareholders but also retains a strong market presence, essential for long-term success and stability in the highly competitive energy industry.

Investor Relations and Future Outlook

Investors looking for reliable insights can access comprehensive information about Range Resources through their official website. The company's focus on operational efficiency and strategic investments positions it well for future opportunities in the natural gas market.

Contact Information for Investors

For further inquiries, investors can reach out to Laith Sando, Senior Vice President of Corporate Strategy & Investor Relations, at 817-869-4267. They can also connect with him via email at lsando@rangeresources.com. This direct line of communication enhances the corporation's transparency and accessibility, fostering strong relationships with stakeholders.

Frequently Asked Questions

What is the new dividend amount for Range Resources Corporation?

The new dividend amount is $0.09 per common share, a 12.5% increase.

When will the dividend be paid?

The dividend will be paid on March 28 to shareholders recorded on March 14.

What is the annualized dividend per share?

The annualized dividend per share is $0.36.

Where is Range Resources Corporation located?

The company is headquartered in Fort Worth, Texas.

Who can be contacted for investor relations?

Investors can contact Laith Sando, who is the Senior Vice President of Corporate Strategy & Investor Relations.

About The Author

Hello, I'm 30-year-old financial writer and expert Addison Perry, and I love to simplify the intricacies of the financial industry. I've committed myself over the years to deciphering the subtleties of investing techniques and economic trends and converting them into doable guidance that anybody can use. My goal with writings and books is to make money interesting and approachable so that readers may take charge of their financial futures.

My enthusiasm to empowerment and education has propelled me through my career in finance. I write because I think that everyone should be able to make educated financial decisions, and I try to provide that. Regardless of experience level with investing, my work is intended to provide insightful analysis and practical advice to enable you to thrive in the always changing financial environment. I appreciate you traveling with me toward success and financial literacy.

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