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Natural Gas Services Group, Inc. Initiates First Quarterly Dividend
Globenewswireยท 2025-07-30 12:30
Core Viewpoint - Natural Gas Services Group, Inc. (NGS) has declared its first-ever quarterly cash dividend of $0.10 per share, reflecting strong financial performance and a commitment to long-term shareholder value [1][2]. Financial Performance - The company will pay the dividend on August 22, 2025, to stockholders of record as of August 8, 2025 [1]. - The annualized dividend amounts to $0.40 per share [1]. Future Outlook - The CEO of NGS emphasized that the dividend initiation is a significant milestone and part of a broader plan to return capital to shareholders, with expectations for future growth in dividends as the business expands [2]. - Future dividend declarations will be subject to Board of Directors' approval [2]. Upcoming Events - NGS will release its second quarter 2025 financial results on August 11, 2025, after market close [3]. - A conference call to discuss the results and business operations will take place on August 12, 2025, at 8:30 a.m. EDT [3][4].