06/07/2013

Something you don ' t see everyday...

A 233% Dividend Increase for Helmerich & Payne

WOW -image 

Jun 7, 2013

Oilfield drilling services company Helmerich & Payne (HP) raised its quarterly cash dividend to 50 cents per share ($2.00 per share annualized). That's an increase of 233% over the previous level. The new dividend is payable on Aug 30, to shareholders of record as of Aug 15, 2013.

HP is a holding in our Value Portfolio. See full details here http://marketshadows.com/virtual-portfolio/

 

Jun 7, 2013 12:00:00 AM | Appears on main page, Value Investing

The comments to this entry are closed.

NEXT POST
Trade Less, Make More Trade Less, Make More By Paul Price Frantic in-and-out trading is a very popular technique for those who like to feel they are making a living while sitting at home in front of their computers. Scalping a percent or two on huge principal amounts seems tempting when you simply total up the dollar amounts of gains as they are booked. What could be simpler? But what happens when your $200,000 block of shares gets caught in a downdraft before rising? Do you get stopped out and eat a big loss? Or do you turn your ‘trade’ into an ‘investment’ hoping...
PREVIOUS POST
Drilling for Value A Gusher in the Making? By Paul Price Virtual Value Porfolio holding Baker-Hughes (BHI) was highlighted in this week's Barrons. 'The Trader' column discussed the prospect of a move back towards $80 per share from last week's close of $46.49. Baker-Hughes is the world's second-largest provider of fracking services. U.S. rig counts have declined but managment sees increased activity in Canada and is forecasting that U.S. rig counts will rise for the rest of the year. International operations offer additional opportunities for growth. Baker-Hughes' price/earnings ratio is 13.1 times. The shares yield 1.29%. Earnings per share (EPS) may dip to...

Ilene

I'm editor at Phil's Stock World, and editor for Stock World Weekly. My background is in the biological sciences, and law. After a brief career in the legal field, I changed directions and am now working as an editor, and very much enjoying my experiences in the editing world.

ThemeResearch
Jarsch
Michael Panzner
bloomingcactus
Sam

Search

Become a Fan

My Other Accounts

Recent Comments