Berry Corporation Dividend Insights: What You Need to Know Before Aug 18, 2025

Berry Corporation (BRY) has announced a quarterly cash dividend of $0.03 per share, payable on Aug 28, 2025, to shareholders of record as of the close of business on Aug 18, 2025. This marks a consistent dividend payout compared to the last distribution on May 29, 2025, which was also $0.03 per share. However, this dividend is notably lower than the average of the previous ten dividends, which stood at $0.124 per share. The dividend type is cash dividend, reflecting Berry's continued commitment to returning value to shareholders.

Recently, Berry Corporation has been in the spotlight due to its reaffirmation of 2025 guidance and strategic measures. Over the past week, Berry's management has highlighted the company's favorable hedge position, which is expected to protect cash flows and liquidity throughout the year. As of late, Berry has produced 23.9 MBoe/d, primarily oil, aligning with its targets. The company has also paid down approximately $11 million of debt, contributing to a year-to-date total debt reduction of about $23 million. Analysts have noted Berry's strong financial position, with reported net income of $34 million, or $0.430 per diluted share, and adjusted EBITDA of $53 million for the second quarter of 2025.

Moreover, industry experts have discussed Berry's strategic moves in Utah, where recent operational updates indicate the commencement of production flowback from its first well. The company plans to bring additional wells online in the coming weeks, projecting increased production growth through the year's second half. Berry's management has expressed optimism about potential regulatory advancements in California that could facilitate new drill permitting pathways, further enhancing the company's development plans.

Berry Corporation's ex-dividend date is approaching on Aug 18, 2025, which is the last opportunity for investors to buy shares and receive the upcoming dividend. Any stock purchase made after this date will not qualify for the dividend distribution.