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Matador Resources Company amends its quarterly cash dividend policy to $0.15 per share- oil and gas 360

Matador Resources Company amends its quarterly cash dividend policy to $0.15 per share

Oil and Gas 360 DALLAS–(BUSINESS WIRE)–Dec. 6, 2022– Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced that its Board of Directors amended the Company’s dividend policy pursuant to which the Company intends to pay cash dividends on its common stock of $0.15 per share per quarter in 2023, which is a 50% increase from its prior policy of $0.10 per share per quarter.