KBR Dividend Declaration

Rhea-AI Summary

KBR announced a regular cash dividend of $0.10 per share on its common stock, to be paid on October 15, 2020, to shareholders on record as of September 15, 2020. This decision reflects KBR's commitment to returning value to its investors. The company, employing around 28,000 individuals globally, operates in over 80 countries and provides professional services in the government and technology sectors. Despite facing numerous risks, KBR continues to focus on delivering predictable results and services.

Positive

• Regular cash dividend of $0.10 per share scheduled for October 15, 2020, indicating financial stability and confidence in future performance.
• Employee base of approximately 28,000, showcasing significant operational capacity.

Negative

• None.

HOUSTON, Aug. 25, 2020 /PRNewswire/ -- KBR (NYSE: KBR) announced today its Board of Directors has declared a regular cash dividend of ten cents ($0.10) per share on the company's common stock, par value $0.001 per share, to be paid on October 15, 2020, to stockholders of record on September 15, 2020.

About KBR

KBR is a global provider of differentiated professional services and solutions across the asset and program life cycle within the government services and technology sectors. KBR employs approximately 28,000 people worldwide with customers in more than 80 countries and operations in 40 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 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; the scope and enforceability of the company's indemnities from its former parent; 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; 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.

KBR'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 KBR has identified that may affect the business, results of operations and financial condition. Except as required by law, KBR undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

 

View original content to download multimedia:http://www.prnewswire.com/news-releases/kbr-dividend-declaration-301118286.html

SOURCE KBR, Inc.

FAQ

What is the dividend amount declared by KBR in the recent announcement?

KBR declared a cash dividend of $0.10 per share.

When will KBR's cash dividend be paid?

The cash dividend will be paid on October 15, 2020.

What is the record date for KBR's dividend payment?

The record date for KBR's dividend payment is September 15, 2020.

How many employees does KBR have?

KBR employs approximately 28,000 people globally.