Baker Hughes Declares Quarterly Dividend
Rhea-AI Summary
Baker Hughes (NASDAQ: BKR) has announced a quarterly cash dividend of $0.23 per share for Class A common stock. The dividend will be payable on August 15, 2025, to shareholders of record as of August 5, 2025. The company plans to fund this dividend distribution through cash generated from its operations.
Positive
- Consistent dividend payment indicates financial stability
- Dividend to be funded through operational cash flow, showing healthy cash generation
Negative
- None.
News Market Reaction
On the day this news was published, BKR gained 11.64%, reflecting a significant positive market reaction. Argus tracked a peak move of +6.8% during that session. Our momentum scanner triggered 144 alerts that day, indicating very high trading interest and price volatility. This price movement added approximately $4.64B to the company's valuation, bringing the market cap to $44.45B at that time. Trading volume was elevated at 2.4x the daily average, suggesting notable buying interest.
Data tracked by StockTitan Argus on the day of publication.
HOUSTON and LONDON, July 22, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared a quarterly cash dividend of
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
Adrienne M. Lynch
+1 713-906-8407
adrienne.lynch@bakerhughes.com