Apache Declares Cash Dividends on Common and Preferred Shares
The Board of Directors of Apache Corporation 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 Feb. 23, 2009, to stockholders of record on Jan. 22, 2009, at the rate of 15 cents per share.
The dividend on the Series B preferred stock is payable Jan. 31, 2009, to holders of record on Jan. 15, 2009.
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.
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)