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Baker Hughes Declares Quarterly Dividend

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Baker Hughes (NASDAQ: BKR) has declared a quarterly cash dividend of $0.21 per share of Class A common stock. This represents a 5% increase ($0.01) compared to the same quarter last year, aligning with the company's goal to responsibly grow dividends over time. The dividend will be payable on Aug. 16, 2024, to shareholders of record as of Aug. 6, 2024. Baker Hughes plans to fund this dividend from cash generated from operations, demonstrating confidence in its financial stability and commitment to shareholder returns.

Baker Hughes (NASDAQ: BKR) ha dichiarato un dividendo in contante trimestrale di $0.21 per azione delle azioni ordinarie di Classe A. Questo rappresenta un aumento del 5% ($0.01) rispetto allo stesso trimestre dell'anno scorso, in linea con l'obiettivo dell'azienda di far crescere i dividendi in modo responsabile nel tempo. Il dividendo sarà pagabile il 16 agosto 2024 agli azionisti registrati al 6 agosto 2024. Baker Hughes prevede di finanziare questo dividendo con liquidità generata dalle operazioni, dimostrando fiducia nella propria stabilità finanziaria e impegno verso i ritorni per gli azionisti.

Baker Hughes (NASDAQ: BKR) ha declarado un dividendo en efectivo trimestral de $0.21 por acción de las acciones ordinarias Clase A. Esto representa un incremento del 5% ($0.01) en comparación con el mismo trimestre del año pasado, alineándose con el objetivo de la empresa de aumentar responsablemente los dividendos a lo largo del tiempo. El dividendo será pagadero el 16 de agosto de 2024 a los accionistas registrados hasta el 6 de agosto de 2024. Baker Hughes planea financiar este dividendo con efectivo generado por las operaciones, demostrando confianza en su estabilidad financiera y compromiso con los retornos para los accionistas.

베이커 휴스(Baker Hughes)(NASDAQ: BKR)는 클래스 A 보통주의 주당 $0.21의 분기 배당금을 선언했습니다. 이는 지난해 같은 분기에 비해 5% 증가한 ($0.01) 금액으로, 시간을 두고 배당금을 책임감 있게 증가시키겠다는 회사의 목표에 부합합니다. 배당금은 2024년 8월 16일에 지급될 예정이며, 2024년 8월 6일 기준의 주주에게 지급됩니다. 베이커 휴스는 사업 운영을 통해 생성된 현금으로 이 배당금을 지급할 계획이며, 이는 재무 안정성에 대한 신뢰를 보여주고 주주 수익에 대한 헌신을 나타냅니다.

Baker Hughes (NASDAQ: BKR) a déclaré un dividende trimestriel en espèces de 0,21 $ par action de ses actions ordinaires de Classe A. Cela représente une augmentation de 5% ($0,01) par rapport au même trimestre de l'année dernière, conformément à l'objectif de l'entreprise de faire croître les dividendes de manière responsable au fil du temps. Le dividende sera payable le 16 août 2024 aux actionnaires inscrits au 6 août 2024. Baker Hughes prévoit de financer ce dividende à partir des liquidités générées par ses activités, démontrant ainsi sa confiance en sa stabilité financière et son engagement envers les rendements des actionnaires.

Baker Hughes (NASDAQ: BKR) hat eine vierteljährliche Barausschüttung von 0,21 $ pro Aktie der Stammaktien der Klasse A erklärt. Dies stellt einen Anstieg von 5% ($0,01) im Vergleich zum gleichen Quartal des Vorjahres dar und entspricht dem Ziel des Unternehmens, die Dividenden im Laufe der Zeit verantwortungsvoll zu erhöhen. Die Dividende wird am 16. August 2024 an die Aktionäre ausgezahlt, die am 6. August 2024 im Aktienregister stehen. Baker Hughes plant, diese Dividende mit aus dem Betrieb generierten Barmitteln zu finanzieren, was das Vertrauen in seine finanzielle Stabilität und das Engagement für die Renditen der Aktionäre unterstreicht.

Positive
  • Quarterly dividend increased by 5% year-over-year
  • Dividend to be funded from operational cash flow
  • Commitment to responsible dividend growth over time
Negative
  • None.

HOUSTON and LONDON, July 25, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared a quarterly cash dividend of $0.21 per share of Class A common stock payable on Aug. 16, 2024, to holders of record on Aug. 6, 2024.

In line with our stated goal to responsibly grow the dividend over time, the dividend reflects a 5% increase, or $0.01, 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

Thomas Millas
+1 346-415-0320
thomas.millas@bakerhughes.com


FAQ

What is the amount of Baker Hughes' (BKR) quarterly dividend for Q3 2024?

Baker Hughes (BKR) has declared a quarterly cash dividend of $0.21 per share of Class A common stock for Q3 2024.

When is the payment date for Baker Hughes' (BKR) Q3 2024 dividend?

The payment date for Baker Hughes' (BKR) Q3 2024 dividend is August 16, 2024.

What is the record date for Baker Hughes' (BKR) Q3 2024 dividend?

The record date for Baker Hughes' (BKR) Q3 2024 dividend is August 6, 2024.

How much has Baker Hughes (BKR) increased its dividend compared to last year?

Baker Hughes (BKR) has increased its quarterly dividend by 5%, or $0.01, compared to the same quarter last year.

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