Baker Hughes Declares Quarterly Dividend

Rhea-AI Summary

Baker Hughes (NYSE: BKR) has announced a cash dividend of $.18 per share of Class A common stock. This dividend will be payable on November 12, 2021, to shareholders on record as of November 2, 2021. The company's operational footprint spans over 120 countries, providing innovative energy solutions to enhance safety, efficiency, and sustainability in energy production.

Positive

• Declared cash dividend of $.18 per share for Class A common stock.
• Dividend reflects company confidence in its financial stability.

Negative

• None.

HOUSTON & LONDON--(BUSINESS WIRE)-- 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 November 12, 2021 to holders of record on November 2, 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/20211022005489/en/

Investor Relations

Jud Bailey

+1 281-809-9088

investor.relations@bakerhughes.com



Media Relations

Thomas Millas

+1 713-879-2862

thomas.millas@bakerhughes.com

Source: Baker Hughes

FAQ

What is the dividend amount declared by Baker Hughes?

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

When is the dividend payable for Baker Hughes?

The dividend is payable on November 12, 2021.

What is the record date for the Baker Hughes dividend?

The record date for the dividend is November 2, 2021.

How frequently does Baker Hughes pay dividends?

Baker Hughes typically declares dividends quarterly.

Is the Baker Hughes dividend sustainable?

The sustainability of the Baker Hughes dividend depends on future earnings and cash flows.