Evolution Petroleum Corporation (EPM)

[SeaOhToo]

Evolution Petroleum Announces Quarterly Cash Dividend on Common
(AMEX:EPM)

HOUSTON, May 14, 2015 /PRNewswire/ -- Evolution Petroleum Corporation (NYSE MKT: EPM) ("Evolution" or the "Company") announced today that its Board of Directors has declared a quarterly cash dividend of $0.05 per common share, a rate of $0.20 per share on an annualized basis, payable on June 30, 2015, to shareholders of record as of the close of business on June 15, 2015.

Expected Tax Treatment of Dividends

Based on our current projections for the fiscal year ending June 30, 2015, we expect preferred stock dividends will be treated as qualified dividend income and that a portion of our cash dividends on common stock will be treated as a return of capital and the remainder as qualified dividend income. We will make a final determination regarding the tax treatment of dividends for the current fiscal year when we report this information to recipients.