OKLAHOMA CITY, Jan. 4, 2012 /PRNewswire/ -- PANHANDLE OIL AND GAS INC. (NYSE: PHX) announced that its Board of Directors, has approved a regular 7 cents per share quarterly dividend to be payable on March 9, 2012, to shareholders of record on Feb. 23, 2012.

Panhandle Oil and Gas Inc. (NYSE-PHX) is engaged in the exploration for and production of natural gas and oil. Additional information on the Company can be found on the internet at www.panhandleoilandgas.com.

SOURCE Panhandle Oil and Gas Inc.