Evolution Petroleum Corporation (EPM) will raise its quarterly dividend by another 66.7 percent to $0.05 per share in 2021. This follows a 20 percent dividend hike earlier this year for a total increase of 100 percent year-to-date. The new dividend yield for EPM is 5.4% at a stock price of $3.73.
This post will be updated later.
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.