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
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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.
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RELEVANCE 100