Coterra Energy goes ex dividend tomorrow
Mar. 03, 2022 11:09 AM ETCoterra Energy Inc. (CTRA)By: Urvi Shah, SA News Editor2 Comments
- Coterra Energy (NYSE:CTRA) has declared $0.15/share quarterly dividend, 20% higher than prior base dividend of $0.125.
- The approved base plus variable quarterly dividend equals $0.56 per share ($0.15 base, $0.41 variable).
- Base plus variable quarterly dividend payment represents a return of 48 percent of cash flow from operating activities or, 60 percent of free cash flow (non-GAAP).
- Payable March 17; for shareholders of record March 7; ex-div March 4.