LandBridge Company LLC Declares Quarterly Cash Dividend
HOUSTON--(BUSINESS WIRE)--Feb 21, 2025--
LandBridge Company LLC (NYSE: LB) today announced that its Board of Directors declared a quarterly cash dividend of $0.10 per Class A share. The dividend will be paid on March 20, 2025 to shareholders of record as of March 6, 2025.
About LandBridge
Since its founding in 2021, LandBridge has served as a leading land management business within the Delaware Basin. The company currently owns approximately 273,000 surface acres across Texas and New Mexico, located primarily in the heart of the Delaware sub-region in the Permian Basin, the most active region for oil and natural gas exploration and development in the United States. LandBridge actively manages its land and resources to support and encourage energy and infrastructure development and other land uses, including digital infrastructure. LandBridge was formed by Five Point Energy LLC, a private equity firm with a track record of investing in and developing energy, environmental water management and sustainable infrastructure companies within the Permian Basin. For more information, please visit: www.landbridgeco.com
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CONTACT: Scott McNeely
Chief Financial Officer
LandBridge Company LLC
Daniel Yunger / Nathaniel Shahan
Kekst CNC
[email protected]/[email protected]
KEYWORD: UNITED STATES NORTH AMERICA TEXAS
INDUSTRY KEYWORD: COMMERCIAL BUILDING & REAL ESTATE ENERGY CONSTRUCTION & PROPERTY OIL/GAS
SOURCE: LandBridge Company LLC
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PUB: 02/21/2025 04:30 PM/DISC: 02/21/2025 04:29 PM
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