NEW YORK (
) -- The ex-dividend date for
) is tomorrow, January 30, 2014. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $55.59 as of 9:45 a.m. ET, the dividend yield is 1.1%.
The average volume for Baker Hughes has been 4.2 million shares per day over the past 30 days. Baker Hughes has a market cap of $24.93 billion and is part of the basic materials sector and energy industry. Shares are up 1.8% year to date as of the close of trading on Tuesday.
Baker Hughes Incorporated supplies oilfield services, products, technology, and systems to the oil and natural gas industry worldwide. The company has a P/E ratio of 21.5, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full