Kodiak Gas Services, Inc. (NYSE: KGS) announced on October 23, 2025, an increase in its quarterly cash dividend to $0.49 per share of common stock. This follows a declaration of a corresponding distribution by its subsidiary on units.
The board of directors approved the Common Stock Dividend, which is scheduled to be paid on November 13, 2025, to stockholders of record as of the close of business on November 3, 2025. In parallel, Kodiak Gas Services, LLC, a subsidiary of the company, declared a distribution of $0.49 per unit, also payable on November 13, 2025, to its unitholders of record on November 3, 2025.
Mickey McKee, Kodiak's President and Chief Executive Officer, stated, "Increasing our dividend underscores our commitment to delivering consistent, attractive returns to our shareholders. This decision reflects the strength of our cash flow, disciplined capital allocation, and confidence in our long-term growth strategy." He added, "We remain focused on creating sustainable value while maintaining financial flexibility to support future opportunities."
Kodiak also announced it will release its third quarter 2025 financial results after market close on Tuesday, November 4, 2025. The company has scheduled a conference call to discuss these results for Wednesday, November 5, 2025, at 11:00 a.m. Eastern Time.
