Looking at the universe of stocks we cover at Dividend Channel, on 5/26/23, Baker Hughes Company (Symbol: BKR) will trade ex-dividend, for its quarterly dividend of $0.19, payable on 6/9/23. As a percentage of BKR's recent stock price of $28.66, this dividend works out to approximately 0.66%, so look for shares of Baker Hughes Company to trade 0.66% lower — all else being equal — when BKR shares open for trading on 5/26/23.
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 2.65% 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 $20.415 per share, with $38.655 as the 52 week high point — that compares with a last trade of $28.59.
Free Report: Top 8%+ Dividends (paid monthly)
In Wednesday trading, Baker Hughes Company shares are currently up about 0.9% on the day.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
