Cimarex Energy Approves Dividend on Preferred Stock


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


DENVER, Feb. 25, 2020 /PRNewswire/ -- Cimarex Energy Co. (NYSE:XEC) today announced that its Board of Directors approved a cash dividend of $20.3125 per share on its 8⅛ percent Series A Cumulative Perpetual Convertible Preferred Stock. The dividend is payable on April 15, 2020, to holders of record at the close of business on April 1, 2020, and is for the period beginning on January 16, 2020 and ending on April 15, 2020.

About Cimarex Energy 
Denver-based Cimarex Energy Co. is an independent oil and gas exploration and production company with principal operations in the Permian Basin and Mid-Continent areas of the U.S.

 

View original content:http://www.prnewswire.com/news-releases/cimarex-energy-approves-dividend-on-preferred-stock-301010481.html

SOURCE Cimarex Energy Co.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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