Baker Hughes Increased Quarterly Dividends By 5%
American oil service corporation Baker Hughes Co. (SPB: BKR) increased its quarterly dividends by 5% to $0.21 from $0.20 per class A share.
According to a company press release, payments will take place on February 23. The closure of the register of shareholders is scheduled for February 13.
Baker Hughes shares rose 0.5% in trading on Thursday. Over the past 12 months, the company’s market value has decreased by 8.7% (to $28.7 billion), while the Nasdaq Composite stock index has gained 28%.
