HOUSTON, Oct. 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 December 23, l998, to stockholders of record at
the close of business on December 9, l998.
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 December 31, 1998, to stockholders of record at the close of
business on December 15, 1998.
The amount of future dividends for Anadarko common stock will depend on
earnings, financial condition, capital requirements and other factors.
Dividends will be determined by the Board of Directors on a quarterly basis.
Anadarko Petroleum Corporation (NYSE: APC)
5.46% Series B
Common Stock Cumulative Preferred Stock
Record Date: December 9, 1998 December 15, 1998
Pay Date: December 23, 1998 December 31, 1998
Amount: $0.05 per share $13.65 per share
(equivalent to $1.365
per Depositary Share)
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:
Analysts and 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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