HighPeak Energy Inc. announced its board of directors declared a quarterly cash dividend of $0.025 per share of common stock outstanding, according to an Oct. 10 release.

The dividend will be payable on Nov. 22 to stockholders on record as of the close of business on Nov. 1.

Headquartered in Fort Worth, Texas, HighPeak Energy is a public independent oil and natural gas E&P with operations in the Midland Basin.