TXO Energy Partners Increases Quarterly Dividend by 10% to $0.44 Per Share
TXO Energy Partners (TXO) has announced a 10% increase in its quarterly dividend, raising the payout from $0.40 to $0.44 per share. This move reflects the company's commitment to returning capital to shareholders amidst its current yield profile. The dividend is scheduled to be paid on November 20, with the ex-dividend date and record date both set for November 13. Following this increase, the company's forward dividend yield stands at approximately 12.93%, signaling a high-yield distribution strategy for investors.
Tickers: $TXO
Topics: dividend increase quarterly dividend yield