EXCO Resources (XCO) Increases Q3 Dividend by 33%

EXCO Resources, Inc. (NYSE: XCO) declared a third quarter cash dividend of $0.04 per share, a $0.01 per share (33%) increase from the previous quarterly rate of $0.03 per share. The dividend is payable on September 15, 2010 to holders of record on August 31, 2010. Any future declaration of dividends, as well as the establishment of record and payment dates, is subject to the approval of EXCO’s Board of Directors. EXCO Resources, Inc. (EXCO) is an independent oil and natural gas company engaged in the exploration, exploitation, development and production of onshore North American oil and natural gas properties.... Read more

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