VNOM - Viper Energy raises dividend by 15% to $0.38

Viper Energy (NASDAQ:VNOM) declares $0.38/share quarterly dividend, 15.2% increase from prior dividend of $0.33. Forward yield 6.77% Payable Nov. 18; for shareholders of record Nov. 11; ex-div Nov. 10. Q3 2021 cash distribution of $0.38 per common unit, representing approximately 70% of total cash available for distribution of $0.54 per common unit; $0.38 distribution is up 15% quarter over quarter and implies a 6.9% annualized yield based on the October 29, 2021 unit closing price of $22.05 See VNOM Dividend Scorecard, Yield Chart, & Dividend Growth.

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Viper Energy raises dividend by 15% to $0.38