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Gold/Mining/Energy : Anadarko Petroleum Cp
APC 72.77+0.8%Aug 8 5:00 PM EST

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To: The Ox who wrote (75)1/26/2000 6:04:00 PM
From: The Ox   of 129
 
Anadarko Declares Quarterly Dividends on Common and Preferred Stock

HOUSTON, Jan. 26 /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 March 22, 2000, to stockholders of record at the
close of business on March 8, 2000.

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 March 31, 2000, to stockholders of record at the close of business
on March 15, 2000.

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: March 8, 2000 March 15, 2000


Pay Date: March 22, 2000 March 31, 2000


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

01/26/2000 15:23 EST prnewswire.com
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