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Baker Hughes Declares Increased Quarterly Dividend

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Baker Hughes (NASDAQ: BKR) has announced a quarterly cash dividend increase of 10% to $0.23 per share of Class A common stock, representing a $0.02 increase compared to the same quarter last year. The dividend will be payable on February 21, 2025, to shareholders of record as of February 11, 2025. The company plans to fund this dividend payment through cash generated from operations.

Baker Hughes (NASDAQ: BKR) ha annunciato un aumento del dividendo trimestrale in contante del 10%, portandolo a 0,23 $ per azione delle azioni ordinarie di Classe A, che rappresenta un incremento di 0,02 $ rispetto allo stesso trimestre dell'anno scorso. Il dividendo sarà pagabile il 21 febbraio 2025 agli azionisti registrati entro il 11 febbraio 2025. L'azienda prevede di finanziare questo pagamento tramite i flussi di cassa generati dalle operazioni.

Baker Hughes (NASDAQ: BKR) ha anunciado un aumento del dividendo en efectivo trimestral del 10%, elevándolo a $0.23 por acción de las acciones ordinarias Clase A, lo que representa un aumento de $0.02 en comparación con el mismo trimestre del año pasado. El dividendo se pagará el 21 de febrero de 2025 a los accionistas registrados a partir del 11 de febrero de 2025. La empresa planea financiar este pago con el efectivo generado por las operaciones.

Baker Hughes (NASDAQ: BKR)가 분기 현금 배당금을 10% 인상하여 주당 $0.23으로 결정했다고 발표했습니다. 이는 지난해 같은 분기와 비교하여 $0.02 증가한 금액입니다. 배당금은 2025년 2월 21일에 지급될 예정이며, 2025년 2월 11일까지 주주 명부에 등록된 주주에게 지급됩니다. 회사는 이 배당금 지급을 운영에서 발생한 현금을 통해 조달할 계획입니다.

Baker Hughes (NASDAQ: BKR) a annoncé une augmentation de 10 % de son dividende en espèces trimestriel, portant celui-ci à 0,23 $ par action des actions ordinaires de Classe A, représentant une augmentation de 0,02 $ par rapport au même trimestre de l'année dernière. Le dividende sera versé le 21 février 2025 aux actionnaires inscrits au 11 février 2025. L'entreprise prévoit de financer ce paiement de dividende par les liquidités générées par ses activités.

Baker Hughes (NASDAQ: BKR) hat eine Erhöhung der vierteljährlichen Bardividende um 10% auf 0,23 $ pro Aktie der Stammaktien der Klasse A bekannt gegeben, was eine Erhöhung um 0,02 $ im Vergleich zum gleichen Quartal des Vorjahres darstellt. Die Dividende wird am 21. Februar 2025 an Aktionäre ausgezahlt, die am 11. Februar 2025 im Register stehen. Das Unternehmen plant, diese Dividendenzahlung durch betriebliche Cashflows zu finanzieren.

Positive
  • 10% increase in quarterly dividend to $0.23 per share
  • Dividend to be funded through operational cash flow, indicating strong cash generation
Negative
  • None.

HOUSTON and LONDON, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared an increased quarterly cash dividend of $0.23 per share of Class A common stock payable on Feb. 21, 2025, to holders of record on Feb. 11, 2025.

The dividend reflects a 10% increase, or $0.02, compared to the same quarter last year.

Baker Hughes expects to fund its quarterly cash dividend from cash generated from operations.

About Baker Hughes:
Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.

For more information, please contact:

Investor Relations

Chase Mulvehill
+1 346-297-2561
investor.relations@bakerhughes.com

Media Relations

Adrienne M. Lynch
+1 713-906-8407
adrienne.lynch@bakerhughes.com


FAQ

What is Baker Hughes' new quarterly dividend amount for Q1 2025?

Baker Hughes' new quarterly dividend is $0.23 per share of Class A common stock, representing a 10% increase from the previous year.

When is the ex-dividend date for BKR's Q1 2025 dividend?

The record date is February 11, 2025. The ex-dividend date would be one business day before the record date.

How much did BKR increase its dividend compared to last year?

Baker Hughes increased its dividend by $0.02 per share, or 10%, compared to the same quarter last year.

When will Baker Hughes (BKR) pay its Q1 2025 dividend?

Baker Hughes will pay its Q1 2025 dividend on February 21, 2025.

How will Baker Hughes fund its Q1 2025 dividend payment?

Baker Hughes plans to fund the quarterly dividend through cash generated from operations.

Baker Hughes Company

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Oil & Gas Equipment & Services
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