Baker Hughes Declares Quarterly Dividend | BKR Stock News

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5 days ago
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  • Baker Hughes (BKR, Financial) declares a quarterly cash dividend of $0.23 per share of Class A common stock.
  • The dividend will be paid on May 16, 2025, to shareholders on record as of May 6, 2025.
  • The company will fund the dividend from cash generated through operational activities.

Baker Hughes (NASDAQ: BKR), a leading energy technology company, has declared a quarterly cash dividend of $0.23 per share for its Class A common stock. The dividend is scheduled to be paid on May 16, 2025. To qualify for this payment, shareholders must be on record as of May 6, 2025. This decision underscores Baker Hughes' commitment to returning value to its shareholders.

The company has announced that the dividend distribution will be financed through cash generated from its operational activities, emphasizing Baker Hughes' financial stability and sustainable payout ability. This approach highlights the company's robust operational cash flow, ensuring a consistent and reliable return for investors.

Baker Hughes continues to advance its standing in the energy sector, providing cutting-edge solutions across more than 120 countries. Its innovative technologies are designed to make energy sourcing safer, cleaner, and more efficient, contributing positively to people and the planet.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.