Weatherford International Announces Quarterly Dividend of $0.275 Per Share
Weatherford International (WFRD) has declared a quarterly dividend of $0.275 per share, maintaining consistency with its previous payout levels. The announcement follows recent business developments, including winning an offshore completions award from Equinor and extending existing frame agreements. The dividend is scheduled to be paid on December 3, with the ex-dividend date set for November 6. Shareholders of record as of November 6 will be eligible for the payment. This steady distribution reflects the company's current capital allocation strategy amidst ongoing operations in the energy services sector.
Topics: dividend declaration oil and gas services quarterly dividend