Vivakor Inc. Announces Special Dividend, Stock Soars

Salt Lake City-based Vivakor Inc., a company specializing in clean energy technologies and environmental solutions, has announced a special dividend for its shareholders, leading to a significant surge in its stock price. The company, known for its expertise in soil remediation and hydrocarbon extraction, operates on the Nasdaq and has seen its stock price rocket by 85% following the announcement.

Dividend Details

Vivakor plans to distribute shares of Adapti BRZLD to its shareholders as part of the special dividend. Specifically, Vivakor shareholders will receive 0.0079 shares of BRZLD for each VIVK share they own. This distribution is based on Vivakor’s 206,595 shares, which grant it a 13.5% stake in Adapti BRZLD.

Stock Performance

As of May 29, 2025, Vivakor’s stock closed at $1.14, marking a significant increase from its 52-week low of $0.5504 on March 10, 2025. The company’s market capitalization stands at $37,180,000. Despite a negative price-to-earnings ratio of -1.1, the special dividend announcement has positively impacted investor sentiment.

Market Reaction

The announcement was covered by multiple financial news sources, including finance.yahoo.com, globenewswire.com, finviz.com, and tipranks.com. The news was highlighted as one of the biggest stock market stories on the final trading day of the week, underscoring its impact on the market.

Company Overview

Vivakor Inc. is an operator, acquirer, and developer of clean energy technologies and environmental solutions, with a focus on soil remediation and hydrocarbon extraction. The company is headquartered in Salt Lake City, United States, and operates in the energy sector.

This strategic move by Vivakor Inc. reflects its confidence in its financial health and commitment to rewarding its shareholders. Investors are encouraged to monitor the company’s performance and consider the potential implications of the special dividend on their investment strategies.