Falcon Minerals Corporation (NASDAQ:FLMN) will begin trading ex-dividend on November 23, 2020. The quarterly dividend payment of $ 0.065 per share is scheduled to be paid on December 8, 2020. The dividend yield based on the latest trading day closing price was 11.06 percent. Shareholders who purchased FLMN shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
wpDataTable with provided ID not found!Click Here For More Historical Dividends Of Falcon Minerals Corporation
Falcon Minerals Corporation recently reported third quarter financial results on November 4, 2020, after market close, the Philadelphia based company disclosed income for the third quarter of $ 0.01 per share, from the revenue of $ 9.67 million. The quarterly earnings lowered 83.33 percent while revenues fell 39.22 percent compared with the same quarter last year.
According to street consensus, FLMN was expected to report 3Q20 income of $ 0.03 per share from revenue of $ 10.02 million. The bottom line results missed street analysts by $ 0.02 or 66.67 percent, at the same time, top line results fell short of analysts by $ 0.35 million or 3.49 percent.
Stock Performance
Shares of Falcon Minerals Corporation traded up $ 0.05 or 2.17 percent on Thursday, reaching $ 2.35 with volume of 276.20 thousand shares. Falcon Minerals Corporation has traded high as $ 2.38 and has cracked $ 2.23 on the downward trend
According to the previous trading day, closing price of $ 2.35, representing a 43.75 % increase from the 52 week low of $ 1.60 and a 68.28 % decrease over the 52 week high of $ 7.25.
The company has a market capital of $ 202.32 million and is part of the Energy sector and Oil & Gas E&P industry.
Falcon Minerals Corporation acquires and owns mineral, royalty, and over-riding royalty interests in oil and natural gas properties in North America. It owns interests covering approximately 256,000 gross unit acres in the Eagle Ford Shale and Austin Chalk in Karnes, DeWitt, and Gonzales Counties in Texas, as well as approximately 68,000 gross unit acres in Pennsylvania, Ohio, and West Virginia that is prospective for the Marcellus Shale. The company is based in Philadelphia, Pennsylvania.
