ChampionX Announces Regular Quarterly Dividend

The energy sector witnessed a notable announcement from ChampionX Corporation CHX, a key player in providing chemical solutions and engineering services to the oil and gas industry. The company, which maintains its headquarters in The Woodlands, Texas, has declared a dividend, signifying a strong performance and commitment to shareholder returns.

Declaration of Quarterly Dividend

ChampionX has recently declared that its Board of Directors approved a regular quarterly dividend. This move underscores the company's ongoing adherence to rewarding its investors. The declared dividend is set at $0.095 per share on the company's common stock, each share with a par value of $0.01. This declaration marks an essential event for shareholders and the financial community, reflecting ChampionX's financial health and its board’s confidence in the company's strategic direction and cash flow stability.

Dividend Payment Details

The payment date for the announced dividend is scheduled for July 26, 2024. Shareholders on the company’s records by a specified date will be eligible for the dividend receipt. This financial action is geared towards providing a return on investment for the shareholders of ChampionX, whose operations span globally, offering dedicated service to the energy sector through innovative solutions and advanced technologies.

dividend, energy, financial