June 21, 2023
Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its quarter ended March 31, 2023. The Company posted revenue of $779 thousand and net income of $510 thousand. These results compare to revenue of $927 thousand and net income of $725 thousand for the same quarter in 2022. The Company’s decline in revenue and profitability resulted primarily from changes in commodity prices for oil.
Amen also announced that the Company’s Board of Directors has approved the payment of a quarterly dividend of $10.00 per share. The dividend will be paid to shareholders of record on June 30 with a payment date of July 7.
See full press release here.
See full financial disclosure here.
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