What is the size of the special dividend and how does it compare to Vivakor's regular dividend policy or industry peers?

Special dividend size: The GlobeNewswire release only announced a change in the record‑date for the special dividend (from August 20 to September 5, 2025) and did not disclose the amount per share. In Vivakor’s prior filings the special payout was described as a one‑time cash distribution, but the exact figure has not been reiterated in this update.

Comparison to regular policy and peers: Vivakor does not maintain a recurring cash‑dividend program; its capital‑return strategy has historically been growth‑oriented, reinvesting earnings into its energy‑transportation and remediation platform. Consequently, any special dividend—regardless of the undisclosed amount—represents a deviation from a “zero‑dividend” baseline and will appear unusually generous relative to the company’s normal practice. By contrast, established energy‑services peers such as Kinder Morgan (KMI), EnLink Midstream (ENLC) and Energy Transfer (ET) pay regular quarterly dividends yielding roughly 3‑5 % of share price (≈ $0.30‑$0.55 per share). If Vivakor’s special payout is on the order of a few cents to a few dollars per share, it would be modest compared with those peers’ annualized cash returns, but nonetheless noteworthy for a firm that normally distributes nothing.

Trading implications: The record‑date shift postpones the ex‑dividend date a couple of weeks, which can slightly compress the typical “dividend‑capture” window. Short‑term traders might anticipate a modest price uptick on the announcement and a modest pull‑back on the ex‑dividend date as the cash‑flow benefit is priced in. Because Vivakor’s underlying fundamentals remain growth‑focused, the dividend itself is unlikely to drive a sustained rally; investors should prioritize the company’s pipeline of transportation and remediation contracts, recent earnings trends, and sector‑wide demand for low‑carbon logistics when forming a longer‑term view. A cautious “buy‑the‑dip” on any pull‑back could be justified if the share price falls below key technical supports (e.g., the 50‑day moving average), while maintaining awareness that the payout is a one‑off event and not indicative of a new recurring dividend policy.