By Kelly Cloonan
TXO Partners cut its quarterly dividend by 22%, to 35 cents a share, from 45 cents a share.
The new payout, equal to $1.40 a year, represents an annual yield of about 11% based on Tuesday's closing price of $13.17.
The dividend is payable on Nov. 21 to stockholders of record on Nov. 14, the company said.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
November 04, 2025 17:37 ET (22:37 GMT)
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