KBR, Inc Declares Quarterly Dividend of $0.165 per Share

KBR, Inc (NYSE: KBR) has declared a quarterly dividend of $0.165 per share, consistent with its previous payout. The forward yield is currently at 1.86%. The dividend will be payable on January 15 to shareholders who are registered as of December 15, and the ex-dividend date is also set for December 15. The announcement comes amid a backdrop of recent business developments including securing contracts with Aramco for engineering work at an offshore field in Marjan and a $1.1 billion weather data contract from NOAA. These wins suggest ongoing operational momentum despite earlier reports on revenue challenges masking potential growth areas within the company.

By Manshi Mamtora, CFA, SA News Editor · Seeking Alpha ·

KBR, Inc Declares Quarterly Dividend of $0.165 per Share

Tickers: $KBR

Topics: corporate announcements dividends

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