Tuesday, March 31, 2015

Halliburton Maintains Dividend

Oil industry services giant Halliburton  (NYSE: HAL  )  announced yesterday its second-quarter dividend of $0.125 per share, the same rate it paid last quarter after raising the payout 9% from $0.09 per share.

The board of directors said the quarterly dividend is payable on June 26 to the holders of record at the close of business on June 5. Halliburton is one of the largest oil-services companies and is represented in more than 80 countries.

The regular dividend payment equates to a $0.50-per-share annual dividend, yielding 1.1% based on the closing price of Halliburton's stock on May 17.

HAL Dividend Chart

HAL Dividend data by YCharts

More Expert Advice from The Motley Fool
Domestic oil & gas service companies have taken a hit in the recent past due to a slowdown in the natural gas drilling boom of the last couple of years. As this market looks to rebound, investors would be wise to consider Halliburton, one of the top companies in the business and one of those most in tune with the domestic market. To access The Motley Fool's new premium research report on this industry stalwart, simply click here now and learn everything you need to know about how Halliburton is positioning itself both at home and abroad.

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