Baker Hughes Declares Quarterly Dividend

Rhea-AI Summary

Baker Hughes (NYSE: BKR) has declared a cash dividend of $.18 per share, set for payment on August 20, 2021. Shareholders of record on August 10, 2021 will receive this dividend, reflecting the company's commitment to returning value to its investors. As an energy technology company, Baker Hughes operates across more than 120 countries, focusing on innovative solutions that enhance safety and efficiency in the energy sector.

Positive

• Cash dividend of $.18 per share signals financial stability and shareholder value.
• Commitment to returning value to investors through regular dividends.

Negative

• None.

Baker Hughes (NYSE: BKR) announced today that the Baker Hughes Board of Directors declared a cash dividend of $.18 per share of Class A common stock payable on August 20, 2021 to holders of record on August 10, 2021.

About Baker Hughes:

Baker Hughes (NYSE: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and with operations 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210730005564/en/

FAQ

What is the dividend amount declared by Baker Hughes (BKR)?

Baker Hughes (BKR) declared a cash dividend of $.18 per share.

When will the Baker Hughes (BKR) dividend be paid?

The dividend will be payable on August 20, 2021.

Who qualifies for the Baker Hughes (BKR) dividend?

Shareholders of record on August 10, 2021, will qualify for the dividend.

How often does Baker Hughes (BKR) pay dividends?

Baker Hughes typically pays dividends quarterly.

Is the Baker Hughes (BKR) dividend sustainable?

The sustainability of the dividend depends on the company’s future earnings and cash flow.