Baker Hughes’s dividend and dividend yield
Baker Hughes’s (BHGE) quarterly dividend per share remained unchanged from 4Q16 to 4Q17. In 4Q17, BHGE’s quarterly dividend per share (or DPS) was $0.18. As of February 9, 2018, BHGE’s stock price decreased 35% compared to a year ago. Unchanged DPS and a lower stock price led to BHGE’s dividend yield increasing to 2.5% as of February 9, 2018, from ~1.1% a year earlier. Baker Hughes makes up 0.05% of the iShares Dow Jones US ETF (IYY). IYY increased 12% in the past year until February 9, 2018.
Analyzing NOV’s dividend yield
Baker Hughes’s dividend yield, expressed as dividend per share relative to the share price, is higher compared to National Oilwell Varco’s (NOV). National Oilwell Varco’s quarterly DPS remained unchanged from 4Q16 to 4Q17. National Oilwell Varco’s 4Q17 quarterly DPS stood at $0.05. As of February 9, 2018, NOV’s stock price decreased 16% compared to a year ago. Unchanged DPS and a lower stock price led to NOV’s dividend yield rising marginally to 0.59% as of February 9, 2018, from 0.52% a year earlier. Read more on National Oilwell Varco in Market Realist’s What Worked for National Oilwell Varco in Its 4Q17 Earnings?
In the next article, we’ll compare the relative valuation multiples of these OFS energy stocks.
The correlation coefficient between Baker Hughes’s stock price and crude oil prices from February 9, 2017, to February 9, 2018, was 0.43.
T-Mobile wants to showcase its strength before its first-quarter earnings release. T-Mobile is scheduled to report its first-quarter results on April 25.
Mondelēz (MDLZ) is scheduled to announce its first-quarter earnings results on April 30.
Freeport-McMoRan (FCX) is scheduled to release its first-quarter earnings on April 25.
Ford has risen 8.2% in April so far as compared to 2.6% gains in the S&P 500 Index.
On April 22, natural gas prices settled at $2.52 per MMBtu—1.4% above the lowest closing level for active natural gas futures since June 8, 2016.
Kimberly-Clark (KMB) stock rose 5.4% on April 22 after the company released stronger-than-expected first-quarter results.