Baker Hughes Board Approves Quarterly Dividend for Shareholders
Quarterly Dividend Announcement from Baker Hughes
Baker Hughes announced that its Board of Directors has declared a quarterly cash dividend of $0.23 per share of Class A common stock. This dividend will be payable to shareholders, with a record date set for August 5. This reflects the company's commitment to rewarding its investors.
Funding the Dividend
The company expects to fund this quarterly cash dividend through its cash generated from operations. This move further illustrates Baker Hughes' financial stability and its capacity to provide value to its shareholders amidst fluctuating market conditions.
About Baker Hughes
Baker Hughes is a leading energy technology company dedicated to providing innovative solutions to energy and industrial customers around the globe. With a history that spans a century, Baker Hughes operates in more than 120 countries, delivering technologies and services to drive energy forward in a safer, cleaner, and more efficient manner. The company is committed to advancing the energy transition and promoting sustainable practices in the industry.
Investors Relations Contact Information
If you have inquiries or seek further information regarding Baker Hughes, you can reach their Investor Relations team:
Investor Relations
Chase Mulvehill
Phone: +1 346-297-2561
Email: investor.relations@bakerhughes.com
Media Relations Contact Information
For media-related inquiries, you can contact the following representative:
Media Relations
Adrienne M. Lynch
Phone: +1 713-906-8407
Email: adrienne.lynch@bakerhughes.com
Frequently Asked Questions
What amount is the quarterly dividend announced by Baker Hughes?
The Baker Hughes Board has declared a quarterly cash dividend of $0.23 per share.
When will the dividend be paid?
The dividend is payable on August 15 to shareholders of record on August 5.
How does Baker Hughes plan to fund the dividend?
Baker Hughes intends to fund the dividend using cash generated from its operations, showcasing its financial strength.
What does Baker Hughes specialize in?
Baker Hughes specializes in energy technologies, providing innovative solutions to customers in energy and industry sectors worldwide.
Who should I contact for investor inquiries?
For investor-related questions, you can contact Chase Mulvehill at +1 346-297-2561 or via email at investor.relations@bakerhughes.com.
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