Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its fiscal year ended December 31, 2023.

The Company posted revenue of $3.7 million and net income of $2.0 million. These results compare to revenue of $4.1 million and net income of $3.4 million for 2022. The Company's decline in revenue and profitability resulted primarily from a decrease in commodity prices.

Amen also announced that the Company's Board of Directors has approved the payment of a quarterly dividend of $10.00 per share. Additionally, the Board approved payment of a special dividend of $3.85 per share to satisfy the Company's tithing obligation for 2023. Both dividends will be paid to shareholders of record on March 29 with a payment date of April 12.

(C) 2024 Electronic News Publishing, source ENP Newswire