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HOUSTON, Feb 2 (Reuters) - Oil producer Anadarko Petroleum Corp said on Tuesday it may cut its dividend because the oil price plunge has pushed its yield too high. The company pays a 27 cent quarterly dividend, though its stock has plunged 54 percent in the past year, raised its yield close to 3 percent. That's higher than most members of the S&P 500 index. Executives said they would discuss the dividend when Anadarko's board meets next week, suggesting a possible cut. "If we look at the yield associated with our common stock at 3 percent, that's historically high for us," CEO Al Walker said on a conference call with investors. "So we look forward to discussing that with our board." The dividend costs Anadarko about $550 million annually. "Obviously there are other things we could do with that cash in the current environment," Bob Gwin, Anadarko's chief financial officer, told investors, adding that he does not expect the entire dividend to be eliminated. (Reporting by Ernest Scheyder)
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Anadarko
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CODE : APC |
ISIN : US0325111070 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Anadarko est une société d’exploration minière basée au Canada. Anadarko est cotée aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 38,6 milliards US$ (34,5 milliards €). La valeur de son action a atteint son plus bas niveau récent le 12 mai 1995 à 10,00 US$, et son plus haut niveau récent le 23 mai 2014 à 99,93 US$. Anadarko possède 531 000 000 actions en circulation. |