Antero Midstream declares dividend of USD0.3075 per share for Q2 2019.
Global Banking News-July 11, 2019-Antero Midstream declares dividend of USD0.3075 per share for Q2 2019
(C)2019 ENPublishing - http://www.enpublishing.co.uk
The board of directors of Antero Midstream Corporation (NYSE:AM) has approved a cash dividend of USD0.3075 per share for the second quarter of 2019, the company disclosed on Wednesday.
This dividend equals an annual rate of USD1.23 per share and represents a 2% increase sequentially and a 146% increase as compared to Antero Midstream GP LP's second quarter 2018 distribution.
All stockholders of record as of 26 July 2019 will be paid the dividend on 7 August 2019.
Antero Midstream noted that the new dividend represents a 40% increase compared to Antero Midstream Partners LP's second quarter 2018 distribution, adjusted for the 1.8926 exchange ratio for unit holders who elected to...
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