Natural Gas Services Group, Inc. announced that its Board of Directors has declared the company's first-ever quarterly cash dividend of $0.10 per share of common stock. This translates to an annualized dividend of $0.40 per share.
The dividend will be paid on August 22, 2025, to all stockholders of record as of the close of business on August 8, 2025. This milestone reflects the company's strong financial performance and confidence in its future business prospects.
Management stated that initiating a modest dividend is the beginning of its shareholder return of capital plan, which is expected to grow as the business continues to expand. This move highlights NGS's strong balance sheet and low leverage ratio.
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