Weatherford Announces Quarterly Dividend, Increases Payout by 10%

Rhea-AI Summary

Weatherford (NASDAQ: WFRD) announced a quarterly cash dividend of $0.275 per share, a 10% increase versus the prior quarterly dividend. The Board declared the dividend on Jan. 27, 2026; it is payable on March 5, 2026 to shareholders of record as of February 6, 2026.

The company said the increase reflects business strength, a healthy balance sheet, disciplined capital allocation, and strong free cash flow generation, and affirmed its commitment to returning value to shareholders while investing in long-term growth.

Positive

• Dividend raised to $0.275 per share
• 10% increase from the prior quarterly dividend
• Dividend payable on March 5, 2026 to recordholders on February 6, 2026
• Company cites strong free cash flow and a healthy balance sheet as rationale

Negative

• None.

News Market Reaction

+3.10%

1 alert

+3.10% News Effect

On the day this news was published, WFRD gained 3.10%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

HOUSTON, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced that its Board of Directors has declared a quarterly cash dividend of $0.275 per share on the Company’s ordinary shares, representing a 10% increase compared to the prior quarterly dividend. The dividend is payable on March 5, 2026 to shareholders of record as of February 6, 2026.

Girish Saligram, President and Chief Executive Officer of Weatherford, commented, “This dividend increase reflects the strength of our business and the progress we continue to make executing our strategy. With a healthy balance sheet, disciplined capital allocation, and strong free cash flow generation, we remain committed to returning value to shareholders while continuing to invest in the long-term growth of the Company.”

About Weatherford

Weatherford delivers innovative energy services that integrate proven technologies with advanced digitalization to create sustainable offerings for maximized value and return on investment. Our world-class experts partner with customers to optimize their resources and realize the full potential of their assets. Operators choose us for strategic solutions that add efficiency, flexibility, and responsibility to any energy operation. The Company conducts business in approximately 75 countries and has approximately 17,000 team members representing more than 110 nationalities and 310 operating locations. Visit weatherford.com for more information and connect with us on social media.

For Investors:
Luke Lemoine
Weatherford Investor Relations
+1 713-836-7777
investor.relations@weatherford.com

For Media:
Kelley Hughes
Weatherford Communications, Marketing and Sustainability
media@weatherford.com

FAQ

What dividend did Weatherford (WFRD) declare on January 27, 2026?

Weatherford declared a quarterly cash dividend of $0.275 per share, a 10% increase versus the prior quarterly dividend.

When is the Weatherford (WFRD) dividend payable and what is the record date?

The dividend is payable on March 5, 2026 to shareholders of record as of February 6, 2026.

How much did Weatherford (WFRD) increase its dividend by on Jan. 27, 2026?

The Board approved a 10% increase in the quarterly dividend to $0.275 per share.

What reasons did Weatherford (WFRD) give for the dividend increase?

The company cited a healthy balance sheet, disciplined capital allocation, and strong free cash flow generation.

Will the Weatherford (WFRD) dividend change affect shareholder value immediately?

The announced dividend increase is payable on March 5, 2026; its immediate impact on shareholder value will depend on market reactions and broader company performance.