CONSOL Energy Inc. announced a special dividend of $1.00 per share based on the strong free cash flow generated in the second quarter of 2022, for an aggregate amount of approximately $35.0 million, payable on August 24, 2022 to all shareholders of record as of August 16, 2022. Moving forward, the company announced an enhanced shareholder return program, which will become effective in the third quarter of 2022, that will, subject to the discretion of the board of directors, return approximately 35% of quarterly free cash flow in the form of dividends and/or share repurchases.
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- CONSOL Energy Inc. Announces Special Dividend, Payable on August 24, 2022