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Halliburton: Bolstering Investor Value with Reduced Dividends and Amplified Earnings

Author: Benzinga Insights | December 27, 2023 11:05am

As the day concludes, Halliburton (NYSE:HAL) is preparing to distribute a dividend payout of $0.16 per share, resulting in an annualized dividend yield of 1.72%. This payout is exclusive to investors who held the stock before the ex-dividend date on December 06, 2023.

Halliburton Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2023-12-06 4 $0.16 1.72% 2023-11-17 2023-12-07 2023-12-27
2023-09-05 4 $0.16 1.62% 2023-08-21 2023-09-06 2023-09-27
2023-06-06 4 $0.16 2.3% 2023-05-17 2023-06-07 2023-06-28
2023-02-28 4 $0.16 1.58% 2023-01-24 2023-03-01 2023-03-29
2022-12-07 4 $0.12 1.28% 2022-11-18 2022-12-08 2022-12-21
2022-09-06 4 $0.12 1.7% 2022-08-17 2022-09-07 2022-09-28
2022-05-31 4 $0.12 1.33% 2022-05-19 2022-06-01 2022-06-22
2022-03-01 4 $0.12 1.74% 2022-01-24 2022-03-02 2022-03-23
2021-12-08 4 $0.04 0.76% 2021-11-17 2021-12-09 2021-12-22
2021-08-31 4 $0.04 0.95% 2021-08-19 2021-09-01 2021-09-22
2021-06-01 4 $0.04 0.8% 2021-05-20 2021-06-02 2021-06-23
2021-03-02 4 $0.04 0.88% 2021-02-18 2021-03-03 2021-03-24

In terms of dividend yield, Halliburton finds itself in the middle ground among its industry peers, while USA Compression Partners (NYSE:USAC) takes the lead with the highest annualized dividend yield at 8.85%.

Analyzing Halliburton Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

YoY Growth in Dividend Per Share

dividend chart graph

The company experienced a decrease in dividend per share from 2019 to 2022, with the dividend per share decreasing from $0.72 to $0.48. This decline in dividends is concerning for investors and demands further analysis to determine the contributing factors.

YoY Earnings Growth For Halliburton

earning chart graph

From 2019 to 2022, Halliburton experienced a growth in earnings per share, with an increase from $1.33 to $1.80. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.

Recap

This article takes an in-depth look at Halliburton's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.16 per share today, translating to an annualized dividend yield of 1.72%.

In terms of dividend yield, Halliburton finds itself in the middle ground among its industry peers, while USA Compression Partners takes the lead with the highest annualized dividend yield at 8.85%.

The declining dividend per share and rising earnings per share of Halliburton from 2019 to 2022 indicate a deliberate decision to prioritize reinvestment of profits into the company's operations over dividend payments.

It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.

\To read more news on Halliburton click here

Click here to visit our Dividends Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: HAL USAC

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