XTO Energy (XTO)

[MrBankRoll]

XTO Energy sets 5-for-4 stock split

Wed Nov 14, 2007 6:25pm EST (Reuters) - Natural gas producer XTO Energy Inc (XTO.N: Quote, Profile, Research) said its board declared a 5-for-4 stock split and will maintain its quarterly cash dividend of 12 cents a share, effecting a 25 percent dividend increase.

The company said the split is to be effected in the form of a stock dividend and the stock should begin trading on a post-split basis from Dec. 14.