Halliburton Company (HAL) will hike its dividend by 166.7 percent to $0.12 per share quarterly in 2022. This will be the first dividend hike since 2014, when HAL announced a 20% increase. The dividend was cut by 75% to $0.045 per share quarterly in 2020.

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.