Halliburton: Dividend Insights
Portfolio Pulse from Benzinga Insights
Halliburton (NYSE:HAL) announced a quarterly dividend of 16 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning HAL stock by the end of Tuesday are eligible for the dividend, to be paid on December 27, 2023. The stock is expected to open 16 cents lower on the ex-dividend date to reflect the payout.

December 01, 2023 | 2:45 pm
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Halliburton is set to pay a quarterly dividend of 16 cents per share, with shares likely to open lower by the same amount on the ex-dividend date.
The stock price of Halliburton is likely to decrease in the short term by the amount of the dividend on the ex-dividend date, as the market adjusts for the payout. This is a common occurrence and is typically priced in by investors. The importance is moderate as dividends are a regular part of the investment cycle for HAL, and the confidence in this analysis is high due to the predictable nature of ex-dividend price adjustments.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100