WildHorse Resource Development Corporation Announces Cash Dividend on Series A Perpetual Convertible Preferred Stock

HOUSTON--()--WildHorse Resource Development Corporation (NYSE:WRD) today announced that the Board of Directors has declared an aggregate quarterly dividend of $6.756 million or $15.53 per share on its 435,000 shares of 6.0% Series A Perpetual Convertible Preferred Stock. WRD elected to pay the dividend in cash. The dividend is for the period beginning on February 1, 2018 to April 30, 2018 and was paid to holders of record on April 15, 2018.

About WildHorse Resource Development

WildHorse Resource Development Corporation is an independent oil and natural gas company focused on the acquisition, exploration, development and production of oil, natural gas and NGL properties primarily in the Eagle Ford Shale and Austin Chalk in East Texas.

Contacts

WildHorse Resource Development Corporation
Pearce Hammond, CFA, (713) 255-7094
Vice President, Investor Relations
ir@wildhorserd.com

Release Summary

WildHorse Resource Development Corporation Announces Cash Dividend on Series A Perpetual Convertible Preferred Stock

Contacts

WildHorse Resource Development Corporation
Pearce Hammond, CFA, (713) 255-7094
Vice President, Investor Relations
ir@wildhorserd.com