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Weatherford International plc, an energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide. The company operates in two segments, Western Hemisphere and Eastern Hemisphere. It offers artificial lift systems, including reciprocating rod, progressing cavity pumping, gas, hydraulic, plunger, and hybrid lift systems, as well as related automation and control systems; pressure pumping and reservoir stimulation services, such as acidizing, fracturing, cementing, and coiled-tubing intervention; and drill stem test tools, surface well testing, and multiphase flow measurement services. The company also provides safety, downhole reservoir monitoring, flow control, and multistage fracturing systems, as well as sand-control technologies, and production and isolation packers; liner hangers to suspend a casing string in high-temperature and high-pressure wells; cementing products, including plugs, float and stage equipment, and torque-and-drag reduction technology for zonal isolation; and pre-job planning and installation services. In addition, it offers directional drilling services, and logging and measurement services while drilling; services related to rotary-steerable systems, high-temperature and high-pressure sensors, drilling reamers, and circulation subs; rotating control devices and advanced automated control systems, as well as closed-loop drilling, air drilling, managed-pressure drilling, and underbalanced drilling services; open hole and cased-hole logging services; and intervention and remediation services. Further, the company provides tubular handling, management, and connection services; and re-entry, fishing, wellbore cleaning, and well abandonment services, as well as patented bottom hole, tubularhandling equipment, pressure-control equipment, and drill pipe and collars. The company was incorporated in 1972 and is based in Houston, Texas.

Weatherford International Dividend Announcement

Weatherford International announced a semi annually dividend of $0.25 per ordinary share which will be made payable on 2024-12-05. Ex dividend date: 2024-11-06
Weatherford International annual dividend for 2024 was $0.50
Weatherford International's trailing twelve-month (TTM) dividend yield is 0.59%
Weatherford International's payout ratio for the trailing twelve months (TTM) is 4.49%

Weatherford International Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-06$0.25semi annually2024-12-05
2024-08-13$0.25semi annually2024-09-12

Weatherford International Dividend per year

Weatherford International Dividend Yield

Weatherford International current trailing twelve-month (TTM) dividend yield is 0.59%. Interested in purchasing Weatherford International stock? Use our calculator to estimate your expected dividend yield:

Weatherford International Financial Ratios

P/E ratio11.57
PEG ratio0.29
P/B ratio4.59
ROE46.56%
Payout ratio4.49%
Current ratio2.04
Quick ratio1.49
Cash Ratio0.55

Weatherford International Dividend FAQ

Does Weatherford International stock pay dividends?
Weatherford International does not currently pay dividends to its shareholders.
Has Weatherford International ever paid a dividend?
No, Weatherford International has no a history of paying dividends to its shareholders. Weatherford International is not known for its dividend payments.
Why doesn't Weatherford International pay dividends?
There are several potential reasons why Weatherford International 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 Weatherford International 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 Weatherford International 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 Weatherford International a dividend aristocrat?
Weatherford International 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 Weatherford International a dividend king?
Weatherford International 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 Weatherford International a dividend stock?
No, Weatherford International 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 Weatherford International stocks?
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Place an order: Use the brokerage's trading platform to place an order to buy Weatherford International stock.

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