Baker Hughes (BKR) Rewards Shareholders With Dividend Hike
BKRBaker Hughes(BKR) Zacks Investment Research·2024-02-06 23:56

Baker Hughes’ (BKR) board of directors announced an increase in quarterly cash dividends. The raised quarterly dividend of 21 cents per share of Class A common stock is payable on Feb 23, to the common stockholders of record as of Feb 13.This dividend hike reflects a 5% sequential and an 11% year-over-year increase. This reflects the oilfield service player’s strong commitment to returning capital to shareholders.Remarkably, Baker Hughes has plans to fund its dividend payment through operating cashflows. Th ...