PBF Energy Raises Quarterly Dividend 18.2% to $0.325 Per Share

PBF Energy Inc. declared a quarterly dividend of $0.325 per share, up 18.2% from $0.275, raising the payout for shareholders of the U.S. petroleum refiner.

Shareholders of record Nov. 12 will qualify for the payment. Nov. 12 is also the stock’s ex-dividend date. PBF Energy scheduled the payment for Nov. 24.

PBF Energy is an independent U.S. petroleum refiner. Its third-quarter results included $12.78 in non-GAAP earnings per share and $12.13 billion in revenue.