Stock Track | Range Resources Soars 5.04% Intraday Following 11% Dividend Increase Announcement

Stock Track00:49

Range Resources Corporation (RRC) saw its stock price surge 5.04% during intraday trading on Friday, as the company announced a significant increase in its quarterly dividend.

The positive market reaction followed the company's announcement that its Board of Directors declared an 11% increase in the quarterly cash dividend to $0.10 per common share. This dividend is payable on March 27, 2026, to stockholders of record as of March 13, 2026, and provides an annualized dividend of $0.40 per share.

Dividend increases are typically viewed as a positive signal of a company's financial strength and confidence in its future cash flow generation, which likely contributed to the strong investor response during the trading session.

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