Press Release | Source: Anadarko Petroleum Corporation |
Anadarko Declares Quarterly Dividends on Common and Preferred Stock
Friday January 31, 8:08 am ET
HOUSTON--(BUSINESS WIRE)--Jan. 31, 2003--The Board of Directors of Anadarko Petroleum Corporation (NYSE:APC -News) has declared quarterly dividends on two classes of the company's stock.
A dividend of 10 cents per share was declared on the company's outstanding common stock, payable on March 26, 2003, to stockholders of record at the close of business on March 12, 2003.
A dividend of $13.65 per share (equivalent to $1.365 per Depositary Share) was declared on the company's 5.46% Series B Cumulative Preferred Stock, payable on March 31, 2003, to stockholders of record at the close of business on March 14, 2003.
The amount of future dividends for Anadarko common stock will depend on earnings, financial condition, capital requirements and other factors. The Board of Directors will determine dividends on a quarterly basis.
ANADARKO PETROLEUM CORPORATION (NYSE:APC - News)
5.46% Series B
Common Stock Cumulative Preferred Stock
Record Date: March 12, 2003 March 14, 2003
Payment Date: March 26, 2003 March 31, 2003
Amount: 10 cents per share $13.65 per share
(equivalent to $1.365 per
Depositary Share)Anadarko Petroleum Corporation is one of the world's largest independent oil and gas exploration and production companies. Houston-based Anadarko is active in the U.S., Canada, Algeria and Qatar and is executing strategic exploration programs in several other countries. More information is available atwww.anadarko.com.
Contact:
Anadarko Petroleum Corporation, Houston
Media Contacts:
Teresa Wong, 832/636-1203
teresa_wong@anadarko.com
or
Anne Vincent, 832/636-8368
anne_vincent@anadarko.com
or
Investor Contacts:
Paul Taylor, 832/636-3471
paul_taylor@anadarko.com
or
David Larson, 832/636-3265
david_larson@anadarko.com
or
Stewart Lawrence, 832/636-3326
stewart_lawrence@anadarko.comSource: Anadarko Petroleum Corporation