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Chesapeake halts dividend as energy slump squeezes cash flow

2015-07-22 04:18:26| Oil & Gas - Topix.net

Chesapeake Energy halted its quarterly dividend for the first time in 14 years as slumping energy prices crimped cash flow for the second-largest U.S. natural gas producer. Ending the 35-cent annual payout beginning with the third- quarter payment will save $240 million a year, Oklahoma City- based Chesapeake said Tuesday in a statement.

Tags: energy cash flow dividend

 

Chesapeake Energy Suspends Dividend Payments

2015-07-21 18:07:09| Oil & Gas - Topix.net

Chesapeake Energy Corp, the second-largest U.S. natural gas producer, said on Tuesday it will suspend dividend payments starting in the current quarter to save up to $240 million a year. The company, which like other oil and gas producers has been hurt by a drop in prices, had planned to pay an annual dividend of 35 cents per share.

Tags: energy payments dividend chesapeake

 
 

Chesapeake Energy Suspends Dividend Payments

2015-07-21 17:48:21| Energy - Topix.net

Chesapeake Energy Corp, the second-largest U.S. natural gas producer, said on Tuesday it will suspend dividend payments starting in the current quarter to save up to $240 million a year. The company, which like other oil and gas producers has been hurt by a drop in prices, had planned to pay an annual dividend of 35 cents per share.

Tags: energy payments dividend chesapeake

 

Coca-Cola Bottling Co Consolidated readies Q3 dividend

2015-07-21 15:04:23| Daily beverage news and comment - from just-drinks.com

Coca-Cola Bottling Co Consolidated has lined up its latest dividend payment.

Tags: consolidated dividend bottling readies

 

Will ConocoPhillips Cut Its 5.12% Dividend?

2015-07-19 16:32:10| Oil & Gas - Topix.net

Falling oil prices have pushed ConocoPhillips ' dividend yield close to all-time highs. At 5.12%, its yield is almost higher than when the company hit a 5-year low during the financial crisis.

Tags: cut dividend conocophillips

 

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