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Jones Energy, Inc. Declares Convertible Preferred Stock Dividend

AUSTIN, Texas, Jan. 19, 2017 (GLOBE NEWSWIRE) -- Jones Energy, Inc. (NYSE:JONE) (“Jones Energy” or “the Company”) today announced that its Board of Directors has declared a quarterly cash dividend per share equal to 8.0% based on the liquidation preference of $50.00 per share on an annualized basis, or $1.00 per share, on the Company’s 8.0% Series A Perpetual Convertible Preferred Stock. This dividend is for the period beginning on the last payment date of November 15, 2016 through February 14, 2017 and will be payable in cash on February 15, 2017 to shareholders of record as of February 1, 2017.

About Jones Energy

Jones Energy, Inc. is an independent oil and natural gas company engaged in the development and acquisition of oil and natural gas properties in the Anadarko and Arkoma basins of Texas and Oklahoma. Additional information about Jones Energy may be found on the Company’s website at: www.jonesenergy.com.

Investor Contact: Page Portas, 512-493-4834 Investor Relations Or Robert Brooks, 512-328-2953 Executive Vice President & CFO

Source:Jones Energy, Inc.