Baker Hughes Declares Quarterly Dividend

Rhea-AI Summary

Baker Hughes announced a cash dividend of $0.19 per share of Class A common stock, to be paid on February 17, 2023. Shareholders on record as of February 6, 2023 are eligible for this payment. Baker Hughes is a leading energy technology company, operating for over a century across 120 countries, focusing on safe, clean, and efficient energy solutions.

Positive

• Cash dividend declared at $0.19 per share, demonstrating confidence in financial health.

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• None.

HOUSTON and LONDON, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared a cash dividend of $.19 per share of Class A common stock payable on Feb. 17, 2023 to holders of record on Feb. 6, 2023.

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

Jud Bailey
+1 281-809-9088
investor.relations@bakerhughes.com

Media Relations

Thomas Millas
+1 713-879-2862
thomas.millas@bakerhughes.com

FAQ

What is the dividend amount declared by Baker Hughes for February 2023?

Baker Hughes declared a cash dividend of $0.19 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on February 17, 2023.

What is the record date for Baker Hughes' dividend?

The record date for the dividend is February 6, 2023.

How often does Baker Hughes pay dividends?

Baker Hughes typically pays dividends quarterly.

Is the dividend sustainable for Baker Hughes?

While the PR does not provide sustainability details, the dividend indicates ongoing financial confidence.