Baker Hughes Co. is a holding company. The company is headquartered in Houston, Texas and currently employs 68,000 full-time employees. The firm provides oilfield products, services and digital solutions. The company operates through four business segments: Oilfield Services (OFS), Oilfield Equipment (OFE), Turbomachinery & Process Solutions (TPS), and Digital Solutions (DS). OFS provides products and services for on and offshore operations across the lifecycle of a well, ranging from drilling, evaluation, completion, production and intervention. OFE provides a broad portfolio of products and services required to facilitate the flow of hydrocarbons from the subsea wellhead to the surface production facilities. TPS provides equipment and related services for mechanical-drive, compression and power-generation applications across the oil and gas industry. DS provides operating technologies for the health, productivity and safety of asset intensive industries and enable the industrial Internet of Things.
Baker Hughes Co Dividend Announcement
• Baker Hughes Co 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 Co annual dividend for 2024 was €0.84
• Baker Hughes Co annual dividend for 2023 was €0.75
• Baker Hughes Co's trailing twelve-month (TTM) dividend yield is 1.97%
• Baker Hughes Co's payout ratio for the trailing twelve months (TTM) is 36.96%
• Baker Hughes Co's dividend growth over the last five years (2018-2023) was 4.01% year
Baker Hughes Co 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 | €0.19 | quarterly | 2023-11-17 |
2023-08-07 | €0.18 | 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 |
2021-05-25 | €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 | €0.16 | quarterly | 2019-11-22 |
2019-08-12 | €0.16 | quarterly | 2019-08-23 |
2019-05-20 | €0.16 | quarterly | 2019-05-31 |
2019-02-01 | €0.16 | quarterly | 2019-02-15 |
2018-11-15 | €0.16 | quarterly | 2018-11-30 |
2018-08-13 | €0.16 | quarterly | 2018-08-24 |
2018-05-21 | €0.15 | quarterly | 2018-06-01 |
2018-02-02 | €0.14 | quarterly | 2018-02-16 |
2017-11-03 | €0.15 | quarterly | 2017-11-22 |
2017-08-09 | €0.14 | quarterly | 2017-08-25 |
Baker Hughes Co Dividend per year
Baker Hughes Co Dividend growth
Baker Hughes Co Dividend Yield
Baker Hughes Co current trailing twelve-month (TTM) dividend yield is 1.97%. Interested in purchasing Baker Hughes Co stock? Use our calculator to estimate your expected dividend yield:
Baker Hughes Co Financial Ratios
Baker Hughes Co Dividend FAQ
Other factors to consider when evaluating Baker Hughes Co 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.
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1. Determination of Dividend: Baker Hughes Co'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 Co 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 Co 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 Co 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. Record Date: Baker Hughes Co 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 Co 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 Co 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.
To assess the safety of Baker Hughes Co'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 Co'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.