HOUSTON, April 29 /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 June 23, 1999, to stockholders of record at the
close of business on June 9, 1999.
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 June 30, 1999, to stockholders of record at the close of business
on June 15, 1999.
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)
5.46% Series B
Common Stock Cumulative Preferred Stock
Record Date: June 9, 1999 June 15, 1999
Pay Date: June 23, 1999 June 30, 1999
Amount: $0.05 per share $13.65 per share
(equivalent to $1.365
per Depositary Share)
For additional information, contact:
Analysts and Investors: Media:
A. Paul Taylor, Jr. Carol L. Cox
281-874-3471 281-873-3855
Steve C. Campbell
281-874-3260
For more information about Anadarko's worldwide operations, please visit
the Company's web site at http://www.anadarko.com on the Internet.
SOURCE Anadarko Petroleum Corporation
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Related links:
http://www.anadarko.com
Company News On-Call:
http://www.prnewswire.com/comp/038950.html or fax,
800-758-5804, ext. 038950
CONTACT:
investors, A. Paul Taylor, Jr., 281-874-3471,
or Steve C. Campbell, 281-874-3260, or media, Carol L. Cox,
281-873-3855, all of Anadarko Petroleum Corporation
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