Unit Corporation announced that its Board of Directors approved a quarterly cash dividend of $1.25 per share for the first quarter of 2024. The first quarter cash dividend will be paid on March 28, 2024, to shareholders of record as of the close of business on March 18, 2024. The dividend will be funded by cash on the Company?s balance sheet.

The Company also announced that it intends to pay a quarterly cash dividend of $1.25 per share for the second, third, and fourth quarters of 2024.