AUSTIN, Texas, Aug. 26, 2019 /PRNewswire/ — Parsley Energy, Inc. (PE) (the “Company”) today announced that its Board of Directors approved the initiation of a quarterly dividend of $0.03 per share on the Company’s Class A common stock, payable on September 30, 2019, to shareholders of record on September 20, 2019. “The initiation of a regular dividend program coincides with Parsley’s inflection to sustainable free cash,” commented Matt Gallagher, Parsley’s President and CEO.
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