Halliburton As of January 30, 2023 ticker dps (an.) 2023 hike 2022 hike 2021 hike
HAL $0.64 33.3% 166.7% 0.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Oil & Gas Equipment & Services 1.6% 2 -2.3% Quarter 1972

On January 24, 2023, Halliburton Company (HAL) declared a new quarterly dividend of $0.16 per share, up from $0.12 per share previously. This 33.3% dividend hike follows a 166.7% dividend boost by HAL in 2022 but still keeps the dividend below the record levels paid through 2019/2020. In May 2020 the company announced a 75% dividend cut from $0.18 to $0.045 quarterly per share.

Halliburton’s board of directors has declared a 2023 first quarter dividend of sixteen cents ($0.16) per share on the Company’s common stock payable on March 29, 2023, to shareholders of record at the close of business on March 1, 2023. The ex-dividend date will be February 28, 2023. The dividend yield for HAL is 1.2% at a stock price of $39.58 and the annual dividend payment jumps to $581 million. The 5 year CAGR for the dividend is negative for HAL with -2.3%. Earlier this week peer Schlumberger also announced a big dividend hike.

Halliburton (HAL) Dividend history & statistics
Company name Halliburton Co
Ticker symbol HAL
ISIN-code US4062161017
company website https://www.halliburton.com/
Sector Energy
Business Oil & Gas Equipment & Services
Dividend paid since 1972
Track record (years increased) 2
Payment Frequency Quarterly dividend
Dividend growth: 5 year average -2.3%
Next dividend per share $0.160
Annual dividend per share $0.64
Dividend yield* 1.2%
Stock price* $39.55
YTD Total Return* 3.1%
Next ex-dividend date February 28, 2023
Next payment date March 29, 2023
Market cap (in $B)* 35.91
Total dividend (in $B) 0.58
© www.dividendhike.com *As of January 24, 2023

“I am pleased to announce that our Board has adopted a capital returns framework and an increase in our dividend to sixteen cents ($0.16) per share beginning this quarter. This capital returns framework, our dividend increase, and the share buy backs we made during the fourth quarter demonstrate Halliburton’s confidence in our business, customers, employees, and value proposition," commented Jeff Miller, Chairman, President and CEO.

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.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Feb 01 FAST 2.8% 12.9%
Feb 02 BRO 0.8% 0.0%
Feb 02 NSC 2.3% 8.9%
Feb 02 WFC 2.6% 0.0%
Feb 02 LW 1.1% 0.0%
Feb 02 COST 0.7% 0.0%
Feb 03 BKR 2.5% 0.0%
Feb 03 C 3.9% 0.0%
Feb 03 COF 2.1% 0.0%
Feb 06 AWK 1.7% 0.0%