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Stock impact report

Mammoth Initiates Quarterly Cash Dividend

Mammoth Energy Services, Inc. (TUSK) 
Last mammoth energy services, inc. earnings: 2/27 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.mammothenergy.com
Company Research Source: GlobeNewswire
OKLAHOMA CITY, July 16, 2018 (GLOBE NEWSWIRE) -- Mammoth Energy Services, Inc. (“Mammoth”) (NASDAQ:TUSK) today announced that its Board of Directors has initiated a quarterly dividend policy and declared its first quarterly cash dividend of $0.125 per share of common stock, to be paid on August 14, 2018 to stockholders of record as of the close of business on August 7, 2018.   “Mammoth’s strong financial results and favorable outlook support an increased level of growth capex as well as some balanced return of capital to our stockholders,” said Arty Straehla, Chief Executive Officer.  “The regular quarterly cash dividend provides benefit to Mammoth’s existing stockholders as well as broadening Mammoth’s exposure to additional income oriented investors.  We are committed to creating long-term stockholder value, and developing a sustainable, diversified earnings platform to drive growth in fiscal 2018 and beyond.” Future declarations of quarterly cash dividends are subject to approv Show less Read more
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