Dividends on Common Shares
The Board of Directors declared an increase in the quarterly dividend to $0.05 per common share payable July 1, 2008, to shareholders of record on June 10, 2008. This doubled the dividend from the previous rate.
Declared
Record
Payable
Amount
Type
10/29/2008
12/10/2008
1/1/2009
Cdn$0.05
Cash
7/17/2008
9/10/2008
10/1/2008
Cdn$0.05
Cash
4/29/2008
6/10/2008
7/1/2008
Cdn$0.05
Cash
2/14/2008
3/10/2008
4/1/2008
Cdn$0.025
Cash
10/24/2007
12/10/2007
1/1/2008
Cdn$0.025
Cash
7/12/2007
9/10/2007
10/1/2007
Cdn$0.025
Cash
4/26/2007
6/10/2007
7/1/2007
Cdn$0.025
Cash
2/15/2007
3/10/2007
4/1/2007
Cdn$0.05
Cash
10/25/2006
12/11/2006
1/1/2007
Cdn$0.05
Cash
7/13/2006
9/10/2006
10/1/2006
Cdn$0.05
Cash
4/27/2006
6/10/2006
7/1/2006
Cdn$0.05
Cash
2/17/2006
3/10/2006
4/1/2006
Cdn$0.05
Cash
10/13/2005
12/9/2005
1/1/2006
Cdn$0.05
Cash
7/14/2005
9/9/2005
10/3/2005
Cdn$0.05
Cash
4/27/2005
6/10/2005
7/1/2005
Cdn$0.05
Cash
2/10/2005
3/10/2005
4/1/2005
Cdn$0.10
Cash
10/14/2004
12/10/2004
1/1/2005
Cdn$0.10
Cash
7/15/2004
9/10/2004
10/1/2004
Cdn$0.10
Cash
5/4/2004
6/10/2004
7/1/2004
Cdn$0.10
Cash
2/12/2004
3/10/2004
4/1/2004
Cdn$0.10
Cash
Stock Splits
Nexen has performed 5 stock splits on its authorized common shares:
Declared
Record
May 2007
2 for 1
May 2005
2 for 1
May 1996
2 for 1
September 1987
2 for 1
December 1979
3 for 1
Shareholders approved a two-for-one share split at our Annual Meeting on April 26, 2007. Common shares began trading on a divided bases on May 8, 2007 on the TSX and on May 16, 2007 on the NYSE.
Nexen's Dividend Reinvestment Plan allows shareholders to purchase additional common shares by reinvesting the cash dividends they receive without paying any brokerage fees or service charges. Nexen's DRIP
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