Looking at the universe of stocks we cover at Dividend Channel, on 2/8/21, Baker Hughes Company (Symbol: BKR) will trade ex-dividend, for its quarterly dividend of $0.18, payable on 2/19/21. As a percentage of BKR's recent stock price of $21.29, this dividend works out to approximately 0.85%, so look for shares of Baker Hughes Company to trade 0.85% lower — all else being equal — when BKR shares open for trading on 2/8/21.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BKR is likely to continue, and whether the current estimated yield of 3.38% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BKR shares, versus its 200 day moving average:
Looking at the chart above, BKR's low point in its 52 week range is $9.12 per share, with $24.04 as the 52 week high point — that compares with a last trade of $21.20.
Free Report: Top 7%+ Dividends (paid monthly)
In Thursday trading, Baker Hughes Company shares are currently down about 0.5% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
