Halliburton Company (HAL) will raise its quarterly dividend by 20.0 percent to $0.18 per share in 2014. This comes after a 66.7 percent dividend hike by the oil services giant last year, when the dividend was hiked two times. This was the first time in five years that HAL raised its dividend.

Halliburton Company is one of the world's largest providers of products and services to the energy industry.  Halliburton's customers are the world's major, national and independent oil and gas producers. The company's activities include locating hydrocarbons and managing geological data, drilling and formation evaluation, well construction and completion and optimizing production. Halliburton operates under two divisions: the Completion and Production segment and the Drilling and Evaluation segment. The predecessor of Halliburton was established in 1919 and incorporated under the laws of the State of Delaware in 1924. The company has paid a dividend to shareholders since at least 1972.