DENVER, Feb. 24, 2011 /PRNewswire/ -- Cimarex Energy Co. (NYSE:XEC - News) announced today that its Board of Directors has declared a regular cash dividend on its common stock of 10 cents-per-share. The dividend is payable on June 1, 2011, to stockholders of record on May 13, 2011. The quarterly dividend was increased from 8 cents-per-share.
XEC has a lot more upside for us. I really like what they have going in the Permian Basin. First Class operations team.
XEC increases dividend
XEC increases dividend
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group