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Wednesday, March 06, 2013 2:38:40 PM
Hal's current dividend as of this month is $0.125 per QTR. That's $0.50 per share annually for the math challenged.
![smile](/images/emoticon01.gif)
Feb 21st PR: "Halliburton Co. late Wednesday increased its quarterly dividend 39% to 12.5 cents a share and said it will resume "systematic" share buybacks. The oilfield service company added it wants future yearly cash dividends to represent at least 15% to 20% of net income...The last time Halliburton raised dividends was May 2007, analysts at Simmons said in a note to clients. The future goals imply a potential dividend increase of 30% to 35% next year..."
So, we've got the potential of dividends on 100K of shares reaching $5,625 per month by NEXT YEAR. I'll take that deal any day of the week!
Cheers,
Shrimclim
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