Baker Hughes Declares Quarterly Dividend
Rhea-AI Summary
Baker Hughes (NASDAQ: BKR) has announced a quarterly cash dividend declaration of $0.23 per share for Class A common stock. The dividend will be payable on May 16, 2025, to shareholders of record as of May 6, 2025. The company plans to fund this dividend distribution through cash generated from its operational activities.
Positive
- Consistent dividend payment indicates financial stability
- Dividend funded through operational cash flow demonstrates sustainable payout
Negative
- None.
HOUSTON and LONDON, April 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
FAQ
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