Anadarko Declares Quarterly Dividends on Common and Preferred Stock
HOUSTON, Oct. 27 /PRNewswire/ -- The Board of Directors of Anadarko Petroleum Corporation (NYSE: APC) today declared quarterly dividends on two classes of the company's stock.
A dividend of five cents per share was declared on the company's common stock outstanding, payable on December 22, 1999, to stockholders of record at the close of business on December 8, 1999.
A dividend of $13.65 per share (equivalent to $1.365 per Depositary Share) was declared on the company's 5.46% Series B Cumulative Preferred Stock, payable on December 31, 1999, to stockholders of record at the close of business on December 15, 1999.
The amount of future dividends for Anadarko common stock will depend on earnings, financial condition, capital requirements and other factors. The Board of Directors will determine dividends on a quarterly basis.
Anadarko Petroleum Corporation
5.46% Series B
Common Stock Cumulative Preferred Stock
Record Date: December 8, 1999 December 15, 1999
Pay Date: December 22, 1999 December 31, 1999
Amount: $0.05 per share $13.65 per share
(equivalent to $1.365
per Depositary Share)
SOURCE Anadarko Petroleum Corporation
CO: Anadarko Petroleum Corporation
ST: Texas
IN: OIL
SU: DIV
10/27/1999 16:03 EDT prnewswire.com |
