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Re: J.T. The DD King post# 1876

Wednesday, 03/06/2013 2:38:40 PM

Wednesday, March 06, 2013 2:38:40 PM

Post# of 57228
Let's add HAL DIVIDEND news to this discussion...

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

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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