News Column

Baker Hughes Declares Increase in Quarterly Dividend

May 13, 2014



ENP Newswire - 13 May 2014

Release date- 09052014 - HOUSTON - Baker Hughes Incorporated (NYSE: BHI) announced today that the Board of Directors declared the regular quarterly cash dividend of $0.17 per share of common stock payable August 15, 2014, to holders of record on August 4, 2014.

This represents a $0.02 or 13% increase per share over the previous quarter's dividend of $0.15 per share of common stock.

'The increase to our dividend is a result of recent earnings growth, and reflects our commitment to deploy capital in a way which best benefits our shareholders,' said Chairman and Chief Executive Officer, Martin S. Craighead.

Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 59,000-plus employees today work in more than 80 countries helping customers find, evaluate, drill, produce, transport and process hydrocarbon resources.

For more information about Baker Hughes, visit: www.bakerhughes.com

Media Contact:

Melanie Kania

Tel: +1.713.439.8303

Email: melanie.kania@bakerhughes.com

Investor Contact:

Trey Clark

Tel: +1.713.439.8039

Email: trey.clark@bakerhughes.com


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Source: ENP Newswire


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