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Granite Ridge Resources Declares $0.11 Quarterly Dividend
The dividend will be paid to shareholders of record on February 27th.
Published on Feb. 25, 2026
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Granite Ridge Resources, Inc., a non-operated oil and gas exploration and production company based in Dallas, Texas, announced a quarterly dividend of $0.11 per share. The dividend will be paid on March 13th to shareholders of record as of February 27th.
Why it matters
The dividend payout demonstrates Granite Ridge's financial stability and ability to return capital to shareholders, which is an important signal for investors in the oil and gas industry.
The details
Granite Ridge Resources has a payout ratio of 65.7%, meaning its dividend is sufficiently covered by earnings. Analysts expect the company to earn $0.71 per share next year, indicating it should be able to continue paying the $0.44 annual dividend with an expected future payout ratio of 62.0%.
- The quarterly dividend will be paid on March 13, 2026.
- The ex-dividend date is February 27, 2026.
The players
Granite Ridge Resources, Inc.
A non-operated oil and gas exploration and production company based in Dallas, Texas.
The takeaway
Granite Ridge Resources' dividend payout demonstrates the company's financial strength and commitment to returning value to shareholders, which is an important consideration for investors in the volatile oil and gas industry.
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