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HOUSTON - Halliburton Company (NYSE:HAL) announced Wednesday that its board of directors has declared a third-quarter dividend of $0.17 per share on the company’s common stock, representing a 3.24% yield. The dividend will be payable on September 24, 2025, to shareholders of record at the close of business on September 3, 2025. According to InvestingPro, Halliburton has maintained dividend payments for an impressive 55 consecutive years.
The quarterly dividend maintains the same payout level the energy services company has previously established. The company’s strong financial position is evident in its healthy current ratio of 2.0, with liquid assets exceeding short-term obligations.
Halliburton, founded in 1919, is a major provider of products and services to the energy industry. The company develops technologies and services aimed at helping customers maximize value throughout asset lifecycles.
The dividend announcement comes as part of the company’s regular quarterly financial activities. This information was shared in a company press release statement.
In other recent news, Halliburton has been experiencing a series of financial assessments and revisions. S&P Global Ratings has adjusted Halliburton Co.’s outlook to stable from positive, maintaining its ’BBB+’ issuer credit rating. This change reflects expectations of declining credit measures this year, with only modest improvement anticipated by 2026. Freedom Broker has lowered its price target for Halliburton to $32 from $35, citing a persistent slump in drilling activity that has negatively impacted the company’s revenue for the fourth consecutive quarter. UBS also reduced its price target to $20 from $21, maintaining a Neutral rating due to ongoing margin challenges and a second-quarter earnings miss. Stifel has adjusted its price target to $29 from $31, while maintaining a Buy rating, and noted that the upcoming earnings report could signal an end to downward revisions. These recent developments highlight the challenges Halliburton is facing amid a tough market environment.
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