Evolution Petroleum Corporation Declares Monthly Cash Dividends On 8.5% Series A Preferred Stock
Evolution Petroleum Corporation announced that it has declared a monthly cash dividend on its perpetual non-convertible 8.5% Series A Cumulative Preferred Stock. The dividend is for the month of March 2012 and is payable on April 2, 2012 to holders of record at the close of business on March 16, 2012. The payment will be 1/12th of the 8.5% annualized amount, or approximately $0.177083 per share, based on the $25.00 per share liquidation preference.
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