Add as a preferred source on GoogleEOG Resources Raises Quarterly Dividend 7.8% to $1.10 Per Share
The new rate implies annual dividends of $4.40 per share, with payment scheduled for Jan. 29, 2027.
EOG Resources’ board raised its quarterly dividend to $1.10 per share, an 8-cent increase that lifts the payout 7.84% by calculation and brings the indicated annual rate to $4.40 per share. EOG described the increase as 8%.
Payment is scheduled for Jan. 29, 2027, to shareholders of record Jan. 15, 2027.
Chairman and CEO Ezra Yacob said, “The increase reflects both the confidence in our business and our ability to support the higher dividend through commodity price cycles.”
The declaration accompanied EOG’s third-quarter results for the three months ended Sept. 30. The company reported $2.176 billion in free cash flow and $2.781 billion in net income. It also repurchased 7 million shares for $1 billion during the quarter.
The prior $1.02 quarterly payout was covered in earlier coverage of EOG’s dividend ahead of results.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.