Weatherford International PLC (WFRD) To Go Ex-Dividend on February 6th

Weatherford International PLC (NASDAQ:WFRDGet Free Report) declared a quarterly dividend on Tuesday, January 27th. Investors of record on Friday, February 6th will be paid a dividend of 0.275 per share on Thursday, March 5th. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Friday, February 6th. This is a 10.0% increase from Weatherford International’s previous quarterly dividend of $0.25.

Weatherford International Stock Up 4.2%

Shares of NASDAQ:WFRD opened at $100.01 on Wednesday. The company has a 50 day moving average price of $82.71 and a two-hundred day moving average price of $70.88. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.55 and a current ratio of 2.07. The company has a market capitalization of $7.17 billion, a PE ratio of 18.28 and a beta of 0.79. Weatherford International has a 52 week low of $36.74 and a 52 week high of $101.99.

Weatherford International (NASDAQ:WFRDGet Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.42 by $0.49. Weatherford International had a net margin of 8.15% and a return on equity of 28.28%. The company had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.26 billion. During the same quarter in the previous year, the business earned $1.50 EPS. The firm’s revenue was down 3.9% on a year-over-year basis. Analysts forecast that Weatherford International will post 5.89 earnings per share for the current year.

Weatherford International Company Profile

(Get Free Report)

Weatherford International (NASDAQ: WFRD) is a global oilfield services company specializing in the development, design and manufacturing of equipment and technologies for oil and natural gas drilling, evaluation, completion and production. The company’s core offerings include well construction services such as directional drilling and wellbore positioning, well completion solutions that encompass sand control and zonal isolation technologies, and production enhancement services involving artificial lift systems and well intervention tools.

In addition to its comprehensive service lines, Weatherford provides a range of drilling optimization and reservoir evaluation products.

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Dividend History for Weatherford International (NASDAQ:WFRD)

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