Evolution Petroleum Corporation (EPM) will raise its quarterly dividend by 33.3 percent to $0.10 per share in the first quarter of 2018. This follows a 15.4 percent dividend hike in 2017.
The new dividend yield for EPM is 5% and 2018 will mark the third consecutive year of dividend increases by the company following a 50 percent dividend cut in 2015.
Evolution Petroleum Corporation is an independent oil and gas company. The Company is engaged in the acquisition, exploitation and development of properties for the production of crude oil and natural gas, onshore in the United States.
2022