ChampionX Announces Upcoming Quarterly Dividend for Shareholders

On November 10, 2023, ChampionX Corporation CHX, a prominent provider of chemical solutions and engineering equipment for the oil and gas industry, announced a forthcoming dividend for its investors. The company's Board of Directors declared a regular quarterly dividend, signifying consistent returns for its shareholders.

Details of the Dividend Declaration

The announced dividend is set at $0.085 per share on ChampionX's common stock, carrying a nominal value of $0.01 per share. This dividend conveys the company's commitment to shareholder value and reflects its stable financial performance. Eligible shareholders who are recorded by January 5, 2024, will be entitled to the dividend payout scheduled for January 26, 2024.

Understanding ChampionX's Business Impact

CHX operates from its headquarters in The Woodlands, Texas, with a robust global presence in the oil and gas sector. The corporation has built a reputation for delivering innovative products, advanced technologies, and digital solutions that enhance safety, efficiency, and sustainability in drilling and production operations. They are also known for providing tools for real-time emissions monitoring throughout the lifecycle of a well.

Forward-Looking Investor and Media Relations

Investors and media representatives looking to engage with ChampionX can reach out to the company's Investor Contact, Byron Pope, and Media Contact, John Breed, for more details and inquiries about the company’s operations and financial announcements.

dividend, shareholders, energy