HOUSTON, Jan. 26 /PRNewswire/ -- The Board of Directors of Anadarko
Petroleum Corporation (NYSE: APC) today declared quarterly dividends on two
classes of the company's stock.
A dividend of five cents per share was declared on the company's common
stock outstanding, payable on March 22, 2000, to stockholders of record at the
close of business on March 8, 2000.
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, 2000, to stockholders of record at the close of business
on March 15, 2000.
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
5.46% Series B
Common Stock Cumulative Preferred Stock
Record Date: March 8, 2000 March 15, 2000
Pay Date: March 22, 2000 March 31, 2000
Amount: $0.05 per share $13.65 per share
(equivalent to $1.365
per Depositary Share)
SOURCE Anadarko Petroleum Corporation
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Company News On-Call:
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800-758-5804, ext. 038950
CONTACT:
analysts and investors, A. Paul Taylor, Jr.,
281-874-3471, or media, Tony Canino, 281-873-3855, both of
Anadarko Petroleum Corporation
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