Evolution Petroleum Announces Quarterly Dividend

Energy company to pay $0.12 per share to shareholders of record on March 16

Mar. 14, 2026 at 1:12pm

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Evolution Petroleum Corporation, Inc. (NYSEAMERICAN:EPM) has declared a quarterly dividend of $0.12 per share, payable on March 31 to shareholders of record on March 16. This represents an annualized dividend yield of 10.2%.

Why it matters

The dividend payout highlights Evolution Petroleum's commitment to returning value to shareholders, even as the company faces challenges in covering the dividend with its current earnings.

The details

Evolution Petroleum, an independent oil and gas company focused on enhanced oil recovery, announced the $0.12 quarterly dividend on Tuesday, February 10. The ex-dividend date is set for March 16, with the payment scheduled for March 31. The company has a payout ratio of 4,800%, indicating it is relying on its balance sheet to fund the dividend rather than current earnings.

  • The quarterly dividend will be paid on Tuesday, March 31, 2026.
  • The ex-dividend date is set for Monday, March 16, 2026.
  • Shareholders of record as of Monday, March 16, 2026 will receive the dividend.

The players

Evolution Petroleum Corporation, Inc.

An independent oil and gas company focused on enhanced oil recovery through the use of carbon dioxide.

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The takeaway

Evolution Petroleum's dividend payout demonstrates its commitment to shareholder returns, though the company's high payout ratio suggests it may need to rely on its balance sheet to sustain the dividend in the near term.