Archrock Announces Quarterly Cash Dividend
January 28 2019 - 6:00AM
Archrock, Inc. (NYSE: AROC) (“Archrock”) today announced that its
Board of Directors has declared a dividend of $0.132 per share of
common stock, or $0.528 per share on an annualized basis. The
dividend will be paid on February 14, 2019 to all stockholders of
record on February 8, 2019.
The fourth quarter 2018 dividend to be paid in February 2019 is
unchanged from the third quarter 2018 dividend and represents an
increase of 10 percent over the fourth quarter 2017 dividend of
$0.12 per share.
About Archrock
Archrock is a pure play U.S. natural gas contract compression
services business and a leading supplier of aftermarket services to
customers that own compression equipment in the United States.
Archrock is headquartered in Houston, Texas, operating in the major
oil and gas producing regions in the United States, with
approximately 1,700 employees. For more information, visit
www.archrock.com.
Forward-Looking Statements
This press release contains forward-looking statements, which
includes statements about Archrock’s dividends. These statements
are not guarantees of future performance or actions.
Forward-looking statements rely on a number of assumptions
concerning future events and are subject to risks and
uncertainties. If one or more of these risks or uncertainties
materialize, actual results may differ materially from those
contemplated by a forward-looking statement. Forward-looking
statements speak only as of the date on which they are made.
Archrock expressly disclaims any obligation to update or revise any
forward-looking statement, whether as a result of new information,
future events or otherwise. A further list and description of
risks, uncertainties and other matters can be found in Archrock’s
Annual Report on Form 10-K for the fiscal year ended December 31,
2017, and as set forth from time to time in Archrock’s filings with
the Securities and Exchange Commission. These filings are
available online at www.sec.gov and www.archrock.com.
For information, contact:
Paul BurkhartTreasurer & VP of Investor
Relations281-836-8688investor.relations@archrock.com
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