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Baker Hughes Declares Quarterly Dividend

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Baker Hughes (BKR) declared a quarterly dividend of $0.21 per share of Class A common stock, with an 11% increase from the previous quarter. The dividend will be payable on May 16, 2024, to shareholders of record on May 6, 2024, funded by cash generated from operations.
Baker Hughes (BKR) ha dichiarato un dividendo trimestrale di 0,21 dollari per azione di Classe A del capitale ordinario, con un incremento dell'11% rispetto al trimestre precedente. Il dividendo sarà pagabile il 16 maggio 2024 ai possessori di record al 6 maggio 2024, finanziato con il contante generato dalle operazioni.
Baker Hughes (BKR) ha declarado un dividendo trimestral de $0.21 por acción de la Clase A de acciones comunes, con un aumento del 11% respecto al trimestre anterior. El dividendo se pagará el 16 de mayo de 2024 a los accionistas registrados el 6 de mayo de 2024, financiado por el efectivo generado de las operaciones.
베이커 휴즈(BKR)는 Class A 보통주당 분기별 배당금으로 $0.21을 선언하였으며, 이는 전 분기 대비 11% 증가한 것입니다. 이 배당금은 2024년 5월 6일 기준 주주에게 2024년 5월 16일에 지급될 예정이며, 운영에서 발생한 현금으로 조달됩니다.
Baker Hughes (BKR) a déclaré un dividende trimestriel de 0,21 dollars par action de classe A, avec une augmentation de 11 % par rapport au trimestre précédent. Le dividende sera payable le 16 mai 2024 aux actionnaires inscrits le 6 mai 2024, financé par les fonds générés par les opérations.
Baker Hughes (BKR) hat eine Quartalsdividende von 0,21 US-Dollar pro Aktie der Klasse A des Stammkapitals bekannt gegeben, was einem Anstieg von 11% gegenüber dem Vorquartal entspricht. Die Dividende wird am 16. Mai 2024 an die am 6. Mai 2024 eingetragenen Aktionäre ausbezahlt und durch den aus den Betriebstätigkeiten generierten Bargeld finanziert.
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HOUSTON and LONDON, April 23, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared a quarterly cash dividend of $0.21 per share of Class A common stock payable on May 16, 2024, to holders of record on May 6, 2024.

In line with our stated goal to responsibly grow the dividend over time, the dividend reflects an 11% increase, or $0.02, compared to the same quarter last year.

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
+1 281-809-9088
investor.relations@bakerhughes.com

Media Relations

Thomas Millas
+1 346-415-0320
thomas.millas@bakerhughes.com


FAQ

What dividend did Baker Hughes (BKR) declare?

Baker Hughes declared a quarterly cash dividend of $0.21 per share of Class A common stock.

When is the dividend payable to shareholders of Baker Hughes (BKR)?

The dividend will be payable on May 16, 2024, to shareholders of record on May 6, 2024.

How much is the increase in the dividend compared to the previous quarter for Baker Hughes (BKR)?

The dividend reflects an 11% increase, or $0.02, compared to the same quarter last year.

How does Baker Hughes (BKR) plan to fund its quarterly cash dividend?

Baker Hughes expects to fund its quarterly cash dividend from cash generated from operations.

Baker Hughes Company

NASDAQ:BKR

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31.94B
998.37M
0.14%
98.08%
2.53%
Oil and Gas Field Machinery and Equipment Manufacturing
Manufacturing
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United States of America
HOUSTON

About BKR

baker hughes incorporated (nyse: bhi) provides reliable, practical solutions when and where our customers need them to lower costs, reduce risk and improve productivity. from the reservoir to the refinery we create value with high-performance products and services to analyze, drill, evaluate, complete and produce oil and gas reserves and then transport and refine the hydrocarbons. for over a century, innovation has been part of our dna. baker hughes was formed in 1986 with the merger of baker international and hughes tool company—both founded over 100 years ago when r.c. baker and howard hughes conceived ground-breaking inventions that revolutionized the fledgling petroleum era. since those earliest advancements, we’ve never stopped searching for solutions to conquer the next frontier. collaboration is at the heart of our business. with 49,000 employees in more than 80 countries, our local geomarket teams work side by side with customers to engineer reliable, practical solutions—wh