Marathon Oil raises dividend by 11% to $0.10
Jan. 25, 2023 5:13 PM ETMarathon Oil Corporation (MRO)By: Gaurav Batavia, SA News Editor7 Comments
- Marathon Oil (NYSE:MRO) declares $0.10/share quarterly dividend, 11.1% increase from prior dividend of $0.09.
- Forward yield 1.44%
- Payable March 10; for shareholders of record Feb. 15; ex-div Feb. 14.
- "This 11% base dividend increase is fully supported by the incremental cash flow generation capacity from our recent acquisition of the Eagle Ford assets of Ensign Natural Resources," said chairman, president and CEO Lee Tillman.