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BRIEF-Yuma Energy Inc suspends monthly dividend payment on its series A cumulative redeemable preferred stock

Published 13/11/2015, 05:31 am
© Reuters.  BRIEF-Yuma Energy Inc suspends monthly dividend payment on its series A cumulative redeemable preferred stock

Nov 12 (Reuters) - Yuma Energy Inc:

* Yuma energy, inc. suspends monthly dividend payment on its series a

cumulative redeemable preferred stock

* Yuma energy - suspending dividend due to current depressed commodity price

environment which has adversely affected company's cash flows and liquidity

* Yuma energy inc - dividends suspended until such time co and board that co

has sufficient liquidity to restore payment of the dividends

* Yuma energy inc says suspension of monthly dividends also does not conflict

with the company's credit facility

* Yuma-board suspends monthly cash dividend payment on 9.25% series a

cumulative redeemable preferred stock beginning with month ending November 30

* Source text for Eikon ID:nMKWRdpgra

* Further company coverage [YUMA.A IPO-YUM.AX YUMA.A IPO-YUM.AX IPO-YUM.AX IPO-YUM.AX]

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