Day: August 9, 2023
HOUSTON, Aug. 09, 2023 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) declared its quarterly cash dividend of $0.0625 per share of common stock for the second quarter of 2023 ($0.25 annualized), which is payable on September 22, 2023, to stockholders of record at the close of business on August 25, 2023. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors.
George Maxwell, VAALCO’s Chief Executive Officer, commented, “We are pleased to pay our third quarterly dividend at the increased rate of $0.0625 per share, or $0.25 per share annually, which is up 92% from our 2022 dividend rate. Delivering meaningful value to our stockholders through dividends and share buybacks are key components of our...