Table of Contents

company-logo

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 €0.19 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 €0.61
• Baker Hughes Co annual dividend for 2023 was €0.78
• Baker Hughes Co's trailing twelve-month (TTM) dividend yield is 1.87%
• Baker Hughes Co's payout ratio for the trailing twelve months (TTM) is 36.96%

Baker Hughes Co Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-04€0.19quarterly2024-11-14
2024-08-06€0.21quarterly2024-08-16
2024-05-03€0.21quarterly2024-05-16
2023-11-03€0.20quarterly
2023-08-07€0.20quarterly
2023-05-26€0.19quarterly
2023-02-03€0.19quarterly
2022-11-04€0.19quarterly
2022-08-08€0.18quarterly
2022-05-27€0.18quarterly
2022-02-04€0.18quarterly
2021-11-01€0.18quarterly
2021-08-09€0.18quarterly
2021-05-25€0.18quarterly
2021-02-08€0.18quarterly
2020-11-06€0.18quarterly
2020-08-07€0.18quarterly2020-08-21
2020-05-22€0.18quarterly2020-06-05
2020-01-31€0.18quarterly2020-02-14

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 1.87%. Interested in purchasing Baker Hughes Co stock? Use our calculator to estimate your expected dividend yield:

Baker Hughes Co Financial Ratios

P/E ratio19.54
PEG ratio0.18
P/B ratio2.70
ROE14.33%
Payout ratio36.96%
Current ratio1.30
Quick ratio0.88
Cash Ratio0.21

Baker Hughes Co Dividend FAQ

Does Baker Hughes Co stock pay dividends?
Baker Hughes Co does not currently pay dividends to its shareholders.
Has Baker Hughes Co ever paid a dividend?
No, Baker Hughes Co has no a history of paying dividends to its shareholders. Baker Hughes Co is not known for its dividend payments.
Why doesn't Baker Hughes Co pay dividends?
There are several potential reasons why Baker Hughes Co would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Baker Hughes Co ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Baker Hughes Co has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Baker Hughes Co a dividend aristocrat?
Baker Hughes Co is not considered a Dividend Aristocrat. 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 Co a dividend king?
Baker Hughes Co is not classified as a "Dividend King". 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 Co a dividend stock?
No, Baker Hughes Co is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Baker Hughes Co stocks?
To buy Baker Hughes Co 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Baker Hughes Co 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.