Apache Declares Dividends
Apache has declared regular cash dividends on the company's common shares and 6% Mandatory Convertible Preferred Stock, Series D.
The dividend on the common shares is payable on Aug. 22, 2011, to stockholders of record on July 22, 2011, at the rate of 15 cents per share.
The dividend on the Series D preferred stock is payable Aug. 1, 2011, to holders of record on July 15, 2011, at the rate of $15 per share, which is equivalent to 75 cents per depositary share, each representing 1/20th of a share of Series D preferred stock. The depositary shares are traded on the New York Stock Exchange under the ticker APA/PD.
Operates 4 Offshore Rigs
- Apache Raises North America Output Forecast, Swings To Profit (May 04)
- Oil Producer Apache Posts Smaller-Than-Expected Loss (Nov 03)
- Trade Group Oil & Gas UK Makes 4 Board Appointments (Oct 04)