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Gastar Exploration Inc. Declares Monthly Cash Dividend on 8.625% Series A Preferred Stock and 10.75% Series B Preferred Stock

June 21, 2014



By a News Reporter-Staff News Editor at Investment Weekly News -- Gastar Exploration Inc. (NYSE MKT: GST) ("Gastar") announced that it has declared monthly cash dividends on its 8.625% Series A Preferred Stock ("Series A Preferred Stock") and its 10.75% Series B Preferred Stock ("Series B Preferred Stock") for June 2014.

The dividend on the Series A Preferred Stock is payable on June 30, 2014 to holders of record at the close of business on June 13, 2014. The June 2014 dividend payment will be an annualized 8.625% per share, which is equivalent to $0.179688 per share, based on the $25.00 per share liquidation preference of the Series A Preferred Stock. The Series A Preferred Stock is currently listed on the NYSE MKT and trades under the ticker symbol "GST.PRA."

The dividend on the Series B Preferred Stock is payable on June 30, 2014 to holders of record at the close of business on June 13, 2014. The June 2014 dividend payment will be an annualized 10.75% per share, which is equivalent to $0.223958 per share, based on the $25.00 per share liquidation preference of the Series B Preferred Stock. The Series B Preferred Stock is currently listed on the NYSE MKT and trades under the ticker symbol "GST.PRB."

Keywords for this news article include: Investment and Finance, Gastar Exploration Inc..

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Source: Investment Weekly News


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