BUZZ-Matador Resources up after raising quarterly cash dividend

Reuters

2024-10-16

** Shares of oil and gas firm Matador Resources rise 2.3% to $51.81

** MTDR says it intends to pay cash dividends of 25 cents/share each quarter from December

** The company currently pays 20 cents/share as cash dividends each quarter

** Including session's moves, stock is down 9.64% YTD

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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