Dividend Update on Range Resources: Key Insights Ahead of Jun 13, 2025

Generado por agente de IAAinvest Dividend Digest
lunes, 9 de junio de 2025, 10:43 pm ET1 min de lectura
RRC--
Range Resources Corporation (RRC) recently announced a cash dividend of $0.090 per share, with the ex-dividend date set for Jun 13, 2025, and the payment date scheduled for Jun 27, 2025. This announcement was made on May 30, 2025. Notably, the current dividend amount is significantly higher than the average of the past ten dividends, which stood at approximately $0.035 per share. The last dividend, also a cash payout, was distributed on Mar 28, 2025, at the same rate of $0.090 per share.

Recently, Range ResourcesRRC-- has been highlighted in the financial community for its efficient low-cost drilling model, making it a compelling choice for investors seeking exposure to natural gas. As of late, analysts have projected a promising earnings growth of 40.4% for RRCRRC-- in 2025, signaling robust potential for the company's stock. Furthermore, earnings are expected to grow by 48.02% in the coming year, increasing from $2.02 to $2.99 per share. This optimistic outlook has kept RRC in the spotlight as a stock worth holding.

Over the past week, Range Resources has seen strategic movements, such as a notable increase in trading volume, with shares trading up by 2.6%, closing at $38.38 on a recent Friday session. This uptick suggests growing investor confidence as the company continues to navigate a tightening U.S. gas market. Additionally, the company has received numerous analyst ratings, with nine Buy ratings, twenty-nine Hold ratings, and one Sell rating in the current month, further reflecting the mixed yet positive sentiment around its market performance and fundamentals.

In conclusion, Range Resources CorporationRANGU-- is poised for significant growth, supported by its efficient operational model and favorable market conditions. The ex-dividend date is approaching on Jun 13, 2025, marking the last opportunity for investors to purchase RRC stock and be eligible to receive the upcoming dividend. Any shares bought after this date will not qualify for the dividend payout.

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