Core Natural Resources Sets Quarterly Dividend at $0.10 Per Share

Core Natural Resources announced its quarterly dividend with third-quarter results on Nov. 5; shareholders recorded on Nov. 30 are eligible for the Dec. 15 payment. The record date determines which shareholders qualify for the payment. The dividend is part of Core’s capital-return framework, which targets returning around 75% of free cash flow to stockholders. Most of that return is directed to share repurchases, alongside a continuing quarterly dividend of $0.10 per share. For the three months ended Sept. 30, Core generated $80.3 million in free cash flow and returned $89.6 million to stockholders through share repurchases and dividend payments.

Source: TokenPost