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Latest Amen Properties Inc. (AMEN) Headlines

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Posted On: 03/08/2014 7:44:54 PM
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Latest Amen Properties Inc. (AMEN) Headlines



Amen Properties declares tithing dividend of USD4.50 per share for 2013

M2 - Mon Feb 24, 6:47AM CST

The board of directors for Amen Properties Inc (Pink Sheets:AMEN), an owner of a diverse portfolio of cash-producing properties, authorised the payment of a tithing dividend of USD4.50 per share to the company's common shareholders, it revealed on Friday.



Amen Announces Tithing Dividend for 2013

Business Wire - Fri Feb 21, 8:00AM CST

Amen Properties, Inc. (Pink Sheets: AMEN) today announced that the Company's Board of Directors has approved payment of a tithing dividend of $4.50 per share to the Company's common shareholders. The dividend will be paid on March 7, 2014 to shareholders of record on February 28, 2014 and will fulfill the Company's tithing obligation for the fiscal year ended December 31, 2013.



Amen Properties Reports Results for Third Quarter of 2013 and Announces Quarterly and Tithing Dividends

Business Wire - Wed Nov 20, 12:42PM CST

Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its fiscal quarter ended September 30, 2013. The Company posted quarterly revenue of $767 thousand and a net profit of $496 thousand, or $9.67 per diluted share. These results compare to revenue of $609 thousand and net income of $11 thousand, or $0.22 per diluted share, for the same quarter last year. The Company attributed its improved earnings over last year to increases in commodity prices and additional income recognized in connection with the Company's investment in SFF Royalty, LLC. Amen expects earnings from SFF Royalty to remain higher as the interests owned by that entity have been fully depleted for accounting purposes.



Amen Properties Reports Results for Second Quarter of 2013 and Announces Quarterly Dividend

Business Wire - Tue Aug 13, 11:16AM CDT

Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its fiscal quarter ended June 30, 2013. The Company posted quarterly revenue of $683 thousand and a net income of $319 thousand, or $6.22 per diluted share. These results compare to revenue of $628 thousand and net income of $226 thousand, or $4.40 per diluted share, for the same quarter last year. The increase in profitability was driven by a reduction in general and administrative expenses and increased equity income recognized in connection with the Company's investment in SFF Royalty, LLC.



Amen Properties Reports Results for First Quarter of 2013 and Announces Quarterly Dividend

Business Wire - Mon Jun 03, 3:15PM CDT

Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its fiscal quarter ended March 31, 2013. The Company posted quarterly revenue of $680 thousand and a net profit of $494 thousand, or $9.61 per diluted share. These results compare to revenue of $713 thousand and a net loss of $(198) thousand, or $(3.84) per diluted share, for the same quarter last year. The decline in operating revenue was caused by reductions in commodity prices for oil and natural gas. The increase in profitability was driven by a reduction in oil and gas operating expenses and increased equity income recognized in connection with the Company's investment in SFF Royalty, LLC.



Amen Properties Reports Results for Fourth Quarter of 2012 and Announces Quarterly Dividend

Business Wire - Mon Mar 11, 9:00AM CDT

Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its fiscal quarter ended December 31, 2012. The Company posted quarterly revenue of $653 thousand and a net profit of $1.2 million, or $23.69 per diluted share. These results compare to revenue of $767 thousand and a net loss of $(94) thousand, or $(1.83) per diluted share, for the same quarter last year. The decline in operating revenue was caused by declines in commodity prices, primarily natural gas. The increase in profitability was driven by dividends received by the Company in connection with its real estate investments.



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