WildHorse Resource Development Corporation Announces Cash Dividend on Series A Perpetual Convertible Preferred Stock

WildHorse Resource Development Corporation (NYSE:WRD) today announced that the Board of Directors has declared an aggregate quarterly dividend of $6.831 million or $15.70 per share on its 435,000 shares of 6.0% Series A Perpetual Convertible Preferred Stock. WRD elected to pay the dividend in cash. The dividend is for the period beginning on November 1, 2018 to February 1, 2019 and was paid to holders of record on January 15, 2019.

About WildHorse Resource Development Corporation

WildHorse Resource Development Corporation is an independent oil and natural gas company focused on the acquisition, exploration, development and production of oil, natural gas and NGL properties primarily in the Eagle Ford Shale and Austin Chalk in East Texas. For more information, please visit our website at www.wildhorserd.com.

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WildHorse Resource Development CorporationPearce Hammond, CFA [phone]Vice President, Investor Relations & [e-mail] Vuk [phone]Director, Investor [e-mail]