AP NEWS
Press release content from BusinessWire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from BusinessWire
Press release content from BusinessWire. The AP news staff was not involved in its creation.

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

February 1, 2019

HOUSTON--(BUSINESS WIRE)--Feb 1, 2019--WildHorse Resource Development Corporation (NYSE:WRD) today announced that the Board of Directors has declared an aggregate quarterly dividend of $6.831 million or $15.70 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 November 1, 2018 to February 1, 2019 and was paid to holders of record on January 15, 2019.

About WildHorse Resource Development Corporation

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. For more information, please visit our website at www.wildhorserd.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190201005026/en/

CONTACT: WildHorse Resource Development Corporation

Pearce Hammond, CFA (713) 255-7094

Vice President, Investor Relations & Treasurer

phammond@wildhorserd.com

Vedran Vuk (713) 255-6962

Director, Investor Relations

vvuk@wildhorserd.com

KEYWORD: UNITED STATES NORTH AMERICA TEXAS

INDUSTRY KEYWORD: ENERGY OIL/GAS OTHER ENERGY

SOURCE: WildHorse Resource Development Corporation

Copyright Business Wire 2019.

PUB: 02/01/2019 07:00 AM/DISC: 02/01/2019 07:01 AM

http://www.businesswire.com/news/home/20190201005026/en

All contents © copyright 2019 The Associated Press. All rights reserved.