Escalera Resources Reports Cash Dividend on its Series A Cumulative Preferred Stock
DENVER, Sept. 9, 2014 /PRNewswire/ -- Escalera Resources Co. (NASDAQ: ESCR) reported today that its Board of Directors declared a cash dividend on its 9.25% Series A Cumulative Preferred Stock ("Series A Preferred Stock") in the amount of $0.578125 per share, payable on September 30, 2014 to stockholders of record as of September 19, 2014. The Series A Preferred Stock was issued on July 5, 2007 and trades on the NASDAQ Capital Market under the symbol "ESCRP."
About Escalera Resources Co.
Escalera Resources Co. is headquartered in Denver, CO, with executive offices in Houston, TX and a regional office is Casper, WY. Escalera explores, develops and transports natural gas in the U.S. and is seeking strategic acquisitions of abundant, low-cost, dry natural gas assets that are currently undervalued or underutilized; and identifying alternative ways to enhance the value of its dry natural gas reserves.
Company Contact:
John Campbell, IR
(303) 794-8445
www.escaleraresources.com
SOURCE Escalera Resources Co.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article