Apache Declares Cash Dividends on Common, Preferred Shares
The Board of Directors of Apache Corp. has declared regular cash dividends on the company's common shares and Series B Cumulative Preferred Stock.
The dividend on the common shares is payable on Aug. 22, 2007, to stockholders of record on July 23, 2007, at the rate of 15 cents per share.
The dividend on the Series B preferred stock is payable July 31, 2007, to holders of record on July 15, 2007. The payment will be $14.20 per share, which is equivalent to $1.42 per depository share, each representing 1/10th of a share of Series B preferred stock. The Series B preferred is not currently listed on any exchange.
Apache Corp. is a large oil and gas independent with operations in the United States, Canada, the United Kingdom sector of the North Sea, Egypt, Australia and Argentina.
Operates 3 Offshore Rigs
- Ancala Acquires Apache's Two North Sea Gas Pipeline Assets (Nov 20)
- Apache Raises North America Output Forecast, Swings To Profit (May 04)
- Oil Producer Apache Posts Smaller-Than-Expected Loss (Nov 03)