HOUSTON, July 31 /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 September 27, 2000, to stockholders of record at
the close of business on September 13, 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 September 30, 2000, to stockholders of record at the close of
business on September 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 (NYSE: APC)
5.46% Series B
Common Stock Cumulative Preferred Stock
Record Date: September 13, 2000 September 15, 2000
Pay Date: September 27, 2000 September 30, 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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CONTACT:
analysts and investors, A. Paul Taylor, Jr.,
281-874-3471, or David R. Larson, 281-874-3265, or media, Tony
Canino, 281-873-3855, all of Anadarko Petroleum Corporation
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