Archrock Declares Distribution of Dividend! – Get the Details Here! in this article. Archrock, Inc., together with its subsidiaries, operates as an energy infrastructure company in the United States and has announced a dividend payout of $0.15 per stock.
This dividend announcement comes after a strong performance by the company in the fiscal year 2022, with Archrock reporting total revenue of 845.57 million USD with a total net income of 44.30 million USD. The company’s total revenue from operations also saw healthy growth.
The dividend announcement is a reflection of Archrock’s strong financial performance and its commitment to creating value for its shareholders. Investors who are looking for long-term investments with consistent dividend income can consider adding Archrock to their investment portfolio.
The dividend payout of $0.15 per stock represents a dividend yield of approximately 6.08% based on Archrock’s current market price of $10.29 per stock.
Investors who hold Archrock stocks are likely to benefit from this announcement as they will receive the dividend payout. Archrock’s dividend announcement is expected to be well-received by its investors, as it indicates the company’s commitment to sharing its profits with its shareholders.
The ex-dividend date is 8 May 2023. Therefore, investors who wish to receive the dividend must purchase Archrock stocks before 8 May 2023.
Archrock Dividend History | Archrock Declares Distribution of Dividend!
Archrock Dividend – The current dividend yield of Archrock is 6.08%.
| Dividend | Amount | Date |
| Cash Dividend | $0.150 | Feb 6, 2023 |
| Cash Dividend | $0.145 | Nov 7, 2022 |
| Cash Dividend | $0.145 | Aug 8, 2022 |
| Cash Dividend | $0.145 | May 9, 2022 |
| Cash Dividend | $0.145 | Feb 7, 2022 |
| Cash Dividend | $0.145 | Nov 8, 2021 |
Dividend Stocks 2023
Archrock, Inc., together with its subsidiaries, operates as an energy infrastructure company in the United States.
Archrock management:
President, Chief Executive Officer, and Director – D. Bradley Childers
Website: archrock.com
Conclusion
In conclusion, Archrock’s dividend announcement of $0.15 is a positive development for investors who hold stocks in the company. Investors should take note of the ex-dividend date of May 8, 2023, and consider adding Archrock to their investment portfolio for long-term growth and consistent dividend income.
Disclaimer: This is not investment advice, this information is only for educational purposes.
FAQ | Best Dividend Stocks 2023
Is Archrock a good investment?
As per experts, Archrock looks suitable for long-term investment.
Is Archrock Government or Private?
Archrock is a private company.
Is Archrock a dividend-paying stock?
Yes, Archrock is a dividend-paying stock. The current dividend yield of Archrock is 6.08%.
What does Archrock do?
Archrock, Inc., together with its subsidiaries, operates as an energy infrastructure company in the United States.
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