News Column

GreenHunter Resources Declares Monthly Cash Dividend on 10% Series C Cumulative Preferred Stock

June 28, 2014



By a News Reporter-Staff News Editor at Investment Weekly News -- GreenHunter Resources, Inc. (NYSE MKT: GRH) (NYSE MKT: GRH.PRC) (the "Company"), announced that it has declared a monthly cash dividend on the Company's 10.0% Series C Cumulative Perpetual Preferred Stock ("Series C Preferred Stock").

The dividend on the Series C Preferred Stock, which is for the month of June, is payable on June 30, 2014, to holders of record at the close of business on June 19, 2014. The payment will be 10.0% annualized per share, which is equivalent to approximately $0.208333 per share, based on the $25.00 per share liquidation preference of the Series C Preferred Stock. About GreenHunter Resources, Inc.GreenHunter Resources provides Oilfield Fluid Management Solutions™ in the unconventional shale oil and natural gas plays. Because there is no single solution to E&P fluids management, GreenHunter's services include fixed-facility and mobile water treatment (Frac-Cycle®), an expanding portfolio of UIC Class II Salt Water Disposal wells with advanced logistics and transport capabilities, proprietary modular above-ground storage systems (MAG Tank™), and cradle-to-grave compliance tracking technologies (RAMCAT™). All of these services help oil and gas producers reduce cost and improve operating efficiency.

For a visual animation of the Class II Salt Water Disposal well development and completion technique that is being utilized in GreenHunter Water's Appalachia, Eagle Ford, Mississippian Lime and Bakken SWD program, navigate to the video by clicking on "Salt Water Disposal Animation" button on the Operations tab at GreenHunterResources.com or click here.

Keywords for this news article include: Investment and Finance, GreenHunter Resources Inc..

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Source: Investment Weekly News


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