Baker Hughes Announces Fourth Quarter and Annual Results

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Baker Hughes (BHI) Declares $0.17 Quarterly Dividend; 1.6% Yield

January 28, 2016 2:04 PM EST

Baker Hughes (NYSE: BHI) declared a quarterly dividend of $0.17 per share, or $0.68 annualized.

The dividend will be payable on March 23, 2016, to stockholders of record on March 2, 2016, with an ex-dividend date of February 29, 2016.

The annual yield on the dividend is 1.6... More

Baker Hughes (BHI) Misses Q4 EPS Views

January 28, 2016 8:03 AM EST

Baker Hughes (NYSE: BHI) reported Q4 EPS of ($0.21), $0.11 worse than the analyst estimate of ($0.10). Revenue for the quarter came in at $3.4 billion versus the consensus estimate of $3.47 billion.

For the quarter, capital expenditures were $214 million, an increase of $36 million or 20% sequentially, and down... More