HOUSTON, July 29 /PRNewswire/ -- The Board of Directors of Anadarko
Petroleum Corporation (NYSE: APC) today declared a quarterly dividend of five
cents per share of common stock outstanding.(A) The dividend is payable on
September 23, 1998 to stockholders of record on September 9, 1998.
The amount of future dividends for Anadarko will depend on earnings,
financial condition, capital requirements and other factors. Dividends will
be determined by the Board of Directors on a quarterly basis.
Company: Anadarko Petroleum Corporation
Record Date: September 9, 1998
Pay Date: September 23, 1998
Amount: $0.05 per share of common stock outstanding
(A) On April 30, 1998, Anadarko announced a two-for-one stock split and
an increase in its quarterly dividend. The stock split was effected by way of
a 100-percent stock dividend. The date of the stock split was July 1, 1998.
Today, the Company has approximately 120 million shares of common stock
outstanding.
SOURCE Anadarko Petroleum Corporation
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Company News On-Call: http://www.prnewswire.com or
fax, 800-758-5804, ext. 038950
CONTACT:
A. Paul Taylor of Anadarko Petroleum,
281-875-1101
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