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Cash Dividend On The Way From Baker Hughes (BKR)

By Dividend Channel Staff, Wednesday, May 24, 2:43 PM ET
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On 5/26/23, Baker Hughes Company (NASDAQ:BKR) will trade ex-dividend, for its quarterly dividend of $0.19, payable on 6/9/23. As a percentage of BKR's recent stock price of $28.66, this dividend works out to approximately 0.66%, so look for shares of Baker Hughes Company to trade 0.66% lower — all else being equal — when BKR shares open for trading on 5/26/23.

Below is a dividend history chart for BKR, showing historical dividends prior to the most recent $0.19 declared by Baker Hughes Company:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BKR is likely to continue, and whether the current estimated yield of 2.65% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BKR shares, versus its 200 day moving average:

Baker Hughes Company 200 Day Moving Average Chart

Looking at the chart above, BKR's low point in its 52 week range is $20.415 per share, with $38.655 as the 52 week high point — that compares with a last trade of $28.59.


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In Wednesday trading, Baker Hughes Company shares are currently up about 0.9% on the day.


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