Penn Virginia Corporation Declares Dividend on Series A Preferred Depositary Shares

RADNOR, Pa., June 20, 2014 (GLOBE NEWSWIRE) -- The Board of Directors of Penn Virginia Corporation PVA has declared a regular quarterly cash dividend of $150.00 per share on its 6.00 percent Series A convertible preferred stock. As a result, on July 15, 2014, a dividend of $1.50 per depositary share, each representing a 1/100^th interest in a share of the Series A convertible preferred stock, will be paid to holders of record at the close of business on July 1, 2014.

Penn Virginia Corporation PVA is an independent oil and gas company engaged in the exploration, development and production of oil, natural gas liquids and natural gas in various domestic onshore regions of the United States, with a primary focus in Texas, and other properties in the Mid-Continent and the Marcellus Shale in Appalachia. For more information, please visit our website at www.pennvirginia.com.