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

Weatherford International PLC (NASDAQ:WFRD) announced a quarterly dividend on Monday, January 26th. 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 dividend yield of 1.2%. 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 Down 2.0%

NASDAQ WFRD traded down $1.82 during midday trading on Wednesday, hitting $91.44. 1,192,429 shares of the company traded hands, compared to its average volume of 1,263,296. Weatherford International has a 52 week low of $36.74 and a 52 week high of $93.79. The company’s 50-day simple moving average is $80.59 and its 200-day simple moving average is $69.48. The company has a market cap of $6.56 billion, a PE ratio of 16.57 and a beta of 0.79. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.07 and a quick ratio of 1.55.

About Weatherford International

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.