Halliburton (HAL) Lowers Quarterly Dividend 75% to $0.045; 1.6% Yield

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Go back to Halliburton (HAL) Lowers Quarterly Dividend 75% to $0.045; 1.6% Yield

Halliburton Annual Meeting of Shareholders and Dividend Declaration

May 20, 2020 6:45 AM EDT

HOUSTON--(BUSINESS WIRE)-- Halliburton Company (NYSE: HAL) announced today that its board of directors has declared a 2020 second quarter dividend of four and one-half cents ($0.045) a share on the Companys common stock payable on June 24, 2020, to shareholders of record at the close of business on June 3, 2020. The decision to set the quarterly dividend at a lower level reflects the current market conditions and uncertainties regarding the depth and duration of this downturn.

Halliburtons board of directors has also approved a 20 percent voluntary reduction to their annual retainer. The boards action... More