Archrock Increases Quarterly Cash Dividend
Archrock, Inc. (AROC)
Last archrock, inc. earnings: 2/19 07:16 pm
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archrock.com/aroc
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Source: GlobeNewswire
HOUSTON, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock” or the “Company”) today announced that its Board of Directors has declared an increased quarterly dividend of $0.175 per share of common stock, or $0.70 per share on an annualized basis. The third quarter 2024 dividend will be paid on November 13, 2024 to all stockholders of record on November 6, 2024. The third quarter 2024 dividend per share amount represents an increase of 6 percent over the Archrock second quarter 2024 dividend level and an increase of 13 percent over the Archrock third quarter 2023 dividend level. “We are implementing the second increase in Archrock’s quarterly cash dividend for 2024 and fourth increase in the last two years reflecting our confidence in enduring demand growth for natural gas and our transformed platform, which are delivering excellent and consistent results. In addition, the recent acquisition of TOPS was immediately accretive to our cash available for dividend
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AROC
News
- Archrock, Inc. (NYSE: AROC) had its price target raised by analysts at Royal Bank of Canada from $26.00 to $27.00. They now have an "outperform" rating on the stock.MarketBeat
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AROC
Earnings
- 11/11/24 - Miss
AROC
Sec Filings
- 11/20/24 - Form 4
- 11/15/24 - Form 8-K/A
- 11/15/24 - Form 4
- AROC's page on the SEC website