Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. It operates through four segments: Oilfield Services (OFS), Oilfield Equipment (OFE), Turbomachinery & Process Solutions (TPS), and Digital Solutions (DS). The OFS segment offers exploration, drilling, wireline, evaluation, completion, production, and intervention services; and drilling and completions fluids, wireline services, downhole completion tools and systems, wellbore intervention tools and services, pressure pumping systems, oilfield and industrial chemicals, and artificial lift technologies for oil and natural gas, and oilfield service companies. The OFE segment provides subsea and surface wellheads, pressure control and production systems and services, flexible pipe systems for offshore and onshore applications, and life-of-field solutions, including well intervention and decommissioning solutions; and services related to onshore and offshore drilling and production operations. The TPS segment provides equipment and related services for mechanical-drive, compression, and power-generation applications across the oil and gas industry. Its product portfolio includes drivers, compressors, and turnkey solutions; and pumps, valves, and compressed natural gas and small-scale liquefied natural gas solutions. This segment serves upstream, midstream, downstream, onshore, offshore, and industrial customers. The DS segment provides sensor-based process measurements, machine health and condition monitoring, asset strategy and management, control systems, as well as non-destructive testing and inspection, and pipeline integrity solutions. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. Baker Hughes Company is based in Houston, Texas.
Baker Hughes Dividend Announcement
• Baker Hughes announced a quarterly dividend of $0.21 per ordinary share which will be made payable on 2024-11-14. Ex dividend date: 2024-11-04
• Baker Hughes annual dividend for 2024 was $0.84
• Baker Hughes annual dividend for 2023 was $0.78
• Baker Hughes's trailing twelve-month (TTM) dividend yield is 1.98%
• Baker Hughes's payout ratio for the trailing twelve months (TTM) is 36.96%
• Baker Hughes's dividend growth over the last five years (2018-2023) was 1.61% year
• Baker Hughes's dividend growth over the last ten years (2013-2023) was 2.66% year
Baker Hughes Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-04 | $0.21 | quarterly | 2024-11-14 |
| 2024-08-06 | $0.21 | quarterly | 2024-08-16 |
| 2024-05-03 | $0.21 | quarterly | 2024-05-16 |
| 2024-02-12 | $0.21 | quarterly | 2024-02-23 |
| 2023-11-03 | $0.20 | quarterly | 2023-11-17 |
| 2023-08-07 | $0.20 | quarterly | 2023-08-18 |
| 2023-05-26 | $0.19 | quarterly | 2023-06-09 |
| 2023-02-03 | $0.19 | quarterly | 2023-02-17 |
| 2022-11-04 | $0.19 | quarterly | 2022-11-18 |
| 2022-08-08 | $0.18 | quarterly | 2022-08-19 |
| 2022-05-27 | $0.18 | quarterly | 2022-06-10 |
| 2022-02-04 | $0.18 | quarterly | 2022-02-18 |
| 2021-11-01 | $0.18 | quarterly | 2021-11-12 |
| 2021-08-09 | $0.18 | quarterly | 2021-08-20 |
| 2021-05-24 | $0.18 | quarterly | 2021-06-04 |
| 2021-02-08 | $0.18 | quarterly | 2021-02-19 |
| 2020-11-06 | $0.18 | quarterly | 2020-11-20 |
| 2020-08-07 | $0.18 | quarterly | 2020-08-21 |
| 2020-05-22 | $0.18 | quarterly | 2020-06-05 |
| 2020-01-31 | $0.18 | quarterly | 2020-02-14 |
| 2019-11-07 | $0.18 | quarterly | 2019-11-22 |
| 2019-08-12 | $0.18 | quarterly | 2019-08-23 |
| 2019-05-20 | $0.18 | quarterly | 2019-05-31 |
| 2019-02-01 | $0.18 | quarterly | 2019-02-15 |
| 2018-11-15 | $0.18 | quarterly | 2018-11-30 |
| 2018-08-13 | $0.18 | quarterly | 2018-08-24 |
| 2018-05-21 | $0.18 | quarterly | 2018-06-01 |
| 2018-02-02 | $0.18 | quarterly | 2018-02-16 |
| 2017-11-03 | $0.18 | quarterly | 2017-11-22 |
| 2017-08-09 | $0.17 | quarterly | 2017-08-25 |
| 2017-07-05 | $17.50 | quarterly | 2017-07-06 |
| 2017-05-04 | $0.17 | quarterly | 2017-05-19 |
| 2017-02-02 | $0.17 | quarterly | 2017-02-17 |
| 2016-11-03 | $0.17 | quarterly | 2016-11-18 |
| 2016-08-04 | $0.17 | quarterly | 2016-08-19 |
| 2016-05-27 | $0.17 | quarterly | 2016-06-22 |
| 2016-02-29 | $0.17 | quarterly | 2016-03-23 |
| 2015-12-01 | $0.17 | quarterly | 2015-12-24 |
| 2015-08-31 | $0.17 | quarterly | 2015-09-23 |
| 2015-06-01 | $0.17 | quarterly | 2015-06-24 |
| 2015-03-02 | $0.17 | quarterly | 2015-03-25 |
| 2014-10-30 | $0.17 | quarterly | 2014-11-14 |
| 2014-07-31 | $0.17 | quarterly | 2014-08-15 |
| 2014-05-01 | $0.15 | quarterly | 2014-05-16 |
| 2014-01-30 | $0.15 | quarterly | 2014-02-14 |
| 2013-10-31 | $0.15 | quarterly | 2013-11-15 |
| 2013-08-01 | $0.15 | quarterly | 2013-08-16 |
| 2013-05-02 | $0.15 | quarterly | 2013-05-17 |
| 2013-01-31 | $0.15 | quarterly | 2013-02-15 |
Baker Hughes Dividend per year
Baker Hughes Dividend growth
Baker Hughes Dividend Yield
Baker Hughes current trailing twelve-month (TTM) dividend yield is 1.98%. Interested in purchasing Baker Hughes stock? Use our calculator to estimate your expected dividend yield:
Baker Hughes Financial Ratios
P/E ratio18.77
PEG ratio-0.36
P/B ratio2.60
ROE14.29%
Payout ratio36.96%
Current ratio1.30
Quick ratio0.88
Cash Ratio0.21
Baker Hughes Dividend FAQ
How much is the next Baker Hughes dividend?
Baker Hughes's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Baker Hughes dividend. The next Baker Hughes dividend will be released in February, May, August, or November.
When is Baker Hughes dividend paid?
Baker Hughes pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Baker Hughes pay?
The specific amount of Baker Hughes dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Baker Hughes's dividend history.
Does Baker Hughes stock pay dividends?
Yes, Baker Hughes does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Baker Hughes's dividend history.
How much dividend does Baker Hughes pay?
Baker Hughes paid $0.84 in 2024, $0.78 in 2023, $0.73 in 2022, $0.72 in 2021, and $0.72 in 2020.
How often does Baker Hughes pay dividends?
Baker Hughes typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Baker Hughes's dividend yield?
The current dividend yield for Baker Hughes is 1.98%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Baker Hughes's exact dividend yield.
When does Baker Hughes go ex dividend?
Baker Hughes's ex-dividend date for the latest dividend was on 2024-11-04. Baker Hughes typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Baker Hughes dividend paid?
Baker Hughes pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Baker Hughes increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Baker Hughes will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Baker Hughes dividend per share?
Baker Hughes paid $0.84 per share in 2024 and $0.78 per share in 2023. The amount of dividend per share that Baker Hughes pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Baker Hughes a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Baker Hughes a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Baker Hughes a dividend stock?
Yes, Baker Hughes is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Baker Hughes a good dividend stock?
Whether Baker Hughes is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Baker Hughes has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Baker Hughes as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Baker Hughes as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Baker Hughes pay dividends monthly?
Baker Hughes typically pays dividends on a quarterly basis.
Does Baker Hughes pay dividends quarterly?
Baker Hughes currently pays dividends on a quarterly basis.
Has Baker Hughes ever paid a dividend?
Yes, Baker Hughes has a history of paying dividends to its shareholders. Baker Hughes is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Baker Hughes dividend stocks?
To buy Baker Hughes you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Baker Hughes stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Baker Hughes stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Baker Hughes pay dividends 2024?
Baker Hughes pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-14. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Baker Hughes increase its dividend in 2024?
Decisions regarding Baker Hughes dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Baker Hughes dividend overview you can look into the above table of dividend history.
How Baker Hughes dividend works?
The Baker Hughes dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Baker Hughes's dividend process works:
1. Determination of Dividend: Baker Hughes's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Baker Hughes publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Baker Hughes distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Baker Hughes are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Baker Hughes's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Baker Hughes publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Baker Hughes distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Baker Hughes are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Baker Hughes dividends paid?
Baker Hughes dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Baker Hughes sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Baker Hughes distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Baker Hughes declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Baker Hughes sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Baker Hughes distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Baker Hughes declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Baker Hughes pay dividends?
Baker Hughes typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Baker Hughes pay dividends?
The general pattern is that Baker Hughes pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Baker Hughes dividend safe?
The safety of Baker Hughes's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Baker Hughes's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Baker Hughes's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Baker Hughes's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Baker Hughes's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.