STOCK TITAN

KBR Dividend Declaration

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

KBR has announced a quarterly dividend of $0.135 per share on its common stock, which will be paid on April 14, 2023. Stockholders of record by March 15, 2023 will be eligible to receive this dividend. This declaration signals KBR's commitment to returning value to its shareholders. The company, which employs approximately 28,000 people across 34 countries, continues to provide technology and engineering solutions globally.

Positive
  • Quarterly dividend of $0.135 per share demonstrates commitment to shareholder returns.
  • Company maintains a strong workforce with approximately 28,000 employees.
Negative
  • Risks related to COVID-19 pandemic may impact economic conditions.
  • Potential adverse impacts from audits and investigations by governmental agencies.

HOUSTON, Feb. 10, 2023 /PRNewswire/ -- KBR (NYSE: KBR) announced today its Board of Directors has declared a regular quarterly dividend of $0.135 per share on the company's common stock, par value $0.001 per share, to be paid on April 14, 2023, to stockholders of record on March 15, 2023.

About KBR

We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 28,000 people performing diverse, complex and mission-critical roles in 34 countries.

KBR is proud to work with its customers across the globe to provide technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.

Visit www.kbr.com  

Forward Looking Statement

The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company's control that could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to: the significant adverse impacts on economic and market conditions of the COVID-19 pandemic and the company's ability to respond to the resulting challenges and business disruption; the recent dislocation of the global energy market; the company's ability to manage its liquidity; the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and potential adverse results and consequences from such proceedings; changes in capital spending by the company's customers; the company's ability to obtain contracts from existing and new customers and perform under those contracts; structural changes in the industries in which the company operates; escalating costs associated with and the performance of fixed-fee projects and the company's ability to control its cost under its contracts; claims negotiations and contract disputes with the company's customers; changes in the demand for or price of oil and/or natural gas; protection of intellectual property rights; compliance with environmental laws; changes in government regulations and regulatory requirements; compliance with laws related to income taxes; unsettled political conditions, war and the effects of terrorism; foreign operations and foreign exchange rates and controls; the development and installation of financial systems; the possibility of cyber and malware attacks; increased competition for employees; the ability to successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are not controlled by the company.

The company's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other U.S. Securities and Exchange Commission filings discuss some of the important risk factors that the company has identified that may affect its business, results of operations and financial condition. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/kbr-dividend-declaration-301744431.html

SOURCE KBR, Inc.

FAQ

What is the dividend amount declared by KBR in February 2023?

KBR declared a quarterly dividend of $0.135 per share.

When will KBR pay the declared dividend?

The dividend will be paid on April 14, 2023.

Who qualifies for the KBR dividend payment?

Stockholders of record by March 15, 2023, will be eligible for the dividend.

What are the risks mentioned by KBR regarding future performance?

KBR noted risks including impacts from the COVID-19 pandemic and potential government audits.

KBR, Inc.

NYSE:KBR

KBR Rankings

KBR Latest News

KBR Stock Data

7.79B
133.24M
1.13%
98.62%
1.36%
Engineering & Construction
Heavy Construction Other Than Bldg Const - Contractors
Link
United States of America
HOUSTON