Halliburton Raises Quarterly Dividend By 6.25% To $0.17
Portfolio Pulse from Benzinga Newsdesk
Halliburton's board of directors has declared a first quarter 2024 dividend of $0.17 per share, a 6.25% increase from the previous dividend, payable on March 27, 2024, to shareholders of record as of March 6, 2024.
January 23, 2024 | 11:48 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Halliburton has increased its quarterly dividend by 6.25% to $0.17 per share, indicating a positive signal to investors and potentially increasing the attractiveness of the stock.
Dividend increases are often viewed as a sign of a company's financial health and management's confidence in future earnings. This can attract income-focused investors and potentially support the stock price in the short term. However, the actual impact on the stock price will also depend on broader market conditions and investor sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100