Baker Hughes Incorporated (NYSE:BHI) Updates On Dividend Release Date


On 2016-07-28, Baker Hughes Incorporated (NYSE:BHI) confirmed the dividend disbursement of $0.17 a share to shareholders as on record 2016-08-08. The firm will release dividend on 2016-08-19 while ex-dividend date is reported to be 2016-08-04.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Baker Hughes Incorporated (NYSE:BHI) paid a total of $0.17 per share in dividends. This figure stood at $0.17 a share in the same period a year ago indicating a deviation of 6.25%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $51 on the stock. This figure is the average of recommendations offered by 19 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $63 and $36, respectively.

Taking the mathematical rating formula, the price for Baker Hughes Incorporated (NYSE:BHI) stands at 2.05. Earnings Review Baker Hughes Incorporated (NYSE:BHI) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-19. For the period ending on 2016-09-30, experts are expecting EPS of $-0.43.

Coming to the quarter ending on 2015-12-31, Baker Hughes Incorporated (NYSE:BHI) recorded EPS of $-0.9. The reported numbers came lower than the analysts’ estimates of $-0.6, demonstrating a miss of $-0.3 as against reported figures.

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