Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its fiscal year ended December 31, 2023. The Company posted revenue of $3.7 million and net income of $2.0 million. These results compare to revenue of $4.1 million and net income of $3.4 million for 2022. The Company’s decline in revenue and profitability resulted primarily from a decrease in commodity prices.
Amen also announced that the Company’s Board of Directors has approved the payment of a quarterly dividend of $10.00 per share. Additionally, the Board approved payment of a special dividend of $3.85 per share to satisfy the Company’s tithing obligation for 2023. Both dividends will be paid to shareholders of record on March 29 with a payment date of April 12.
See full press release here.
See full financial disclosure here.
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