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Stock impact report

Archrock Increases Quarterly Cash Dividend

Archrock, Inc. (AROC) 
Last archrock, inc. earnings: 2/19 07:16 pm Check Earnings Report
US:NYSE Investor Relations: archrock.com/aroc
Company Research Source: GlobeNewswire
HOUSTON, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock” or the “Company”) today announced that its Board of Directors has declared an increased quarterly dividend of $0.19 per share of common stock, or $0.76 per share on an annualized basis. The fourth quarter 2024 dividend will be paid on February 19, 2025 to all stockholders of record on February 12, 2025. The fourth quarter 2024 dividend per share amount represents an increase of 9 percent over the Archrock third quarter 2024 dividend level and an increase of 15 percent over the Archrock fourth quarter 2023 dividend level. “We are implementing the fifth increase in Archrock’s quarterly cash dividend since January of 2023, reflecting our high utilization and our transformed platform, which are delivering strong and consistent results,” said Brad Childers, Archrock’s President and Chief Executive Officer. “We remain committed to increasing cash returns to shareholders, while mai Show less Read more
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