Baker Hughes Company Declares Quarterly Dividend of $0.23 (NASDAQ:BKR)

Baker Hughes Company (NASDAQ:BKR) declared a quarterly dividend on Sunday, July 26th. Investors of record on Friday, August 7th will be paid a dividend of 0.23 per share on Monday, August 17th. This represents a c) dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Friday, August 7th.

Baker Hughes has increased its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 4 years. Baker Hughes has a payout ratio of 33.8% meaning its dividend is sufficiently covered by earnings. Analysts expect Baker Hughes to earn $2.80 per share next year, which means the company should continue to be able to cover its $0.92 annual dividend with an expected future payout ratio of 32.9%.

Baker Hughes Stock Performance

Shares of BKR opened at $57.25 on Monday. The company has a market cap of $56.80 billion, a PE ratio of 18.29, a price-to-earnings-growth ratio of 2.38 and a beta of 0.96. The firm has a 50-day moving average of $60.00 and a 200-day moving average of $59.97. Baker Hughes has a one year low of $41.96 and a one year high of $70.41. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.13 and a quick ratio of 1.77.

Baker Hughes (NASDAQ:BKR) last announced its quarterly earnings results on Monday, July 27th. The company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.15. Baker Hughes had a return on equity of 14.17% and a net margin of 11.17%.The firm had revenue of $6.74 billion for the quarter, compared to the consensus estimate of $6.51 billion. As a group, equities analysts forecast that Baker Hughes will post 2.26 earnings per share for the current year.

Key Baker Hughes News

Here are the key news stories impacting Baker Hughes this week:

• Positive Sentiment: Strong second-quarter results: Baker Hughes reported adjusted earnings of $0.64 per share, $0.15 above analysts’ expectations, while revenue of $6.74 billion exceeded the $6.51 billion consensus. Strength in the Industrial & Energy Technology segment offset lower drilling activity linked to Middle East disruptions. Reuters article on Baker Hughes second-quarter earnings
• Positive Sentiment: Record orders and backlog: Second-quarter orders reached $10.5 billion, including $7.1 billion from Industrial & Energy Technology. Remaining performance obligations rose to $40.1 billion, with a record $37.1 billion in IET backlog, improving revenue visibility. Baker Hughes second-quarter 2026 results
• Positive Sentiment: Major LNG technology contract: Baker Hughes secured a significant order from Venture Global LNG to supply a comprehensive liquefaction solution for the CP2 LNG expansion project in Louisiana. The contract reinforces demand for the company’s LNG and energy-technology offerings. Baker Hughes Venture Global CP2 LNG order
• Positive Sentiment: Dividend maintained: The board declared a quarterly dividend of $0.23 per share, payable August 17 to shareholders of record August 7. The annualized payout is approximately $0.92 per share, representing a yield of about 1.6%. Baker Hughes quarterly dividend announcement
• Negative Sentiment: Oilfield-services weakness: Lower drilling activity, partly caused by Middle East disruptions, remains a headwind for Baker Hughes’ traditional oilfield-services operations and could limit the benefit of the otherwise strong quarter.

About Baker Hughes

Baker Hughes is an energy technology company that provides a broad portfolio of products, services and digital solutions for the oil and gas and industrial markets. Its offerings span oilfield services and equipment — including drilling, evaluation, completion and production technologies — as well as turbomachinery, compressors and related process equipment used in midstream and downstream operations. The company also supplies aftermarket services, field support and integrated solutions designed to improve asset performance and uptime across the energy value chain.

The firm’s roots trace back to the merger of Baker International and Hughes Tool Company, and more recently it combined with GE’s oil and gas business in 2017 to form Baker Hughes, a GE company (BHGE); subsequent changes in ownership restored Baker Hughes as an independent publicly traded company.