Apache Declares Cash Dividends on Common and Preferred Shares

May 18, 2011

HOUSTON, May 18, 2011 /PRNewswire/ — The Board of Directors of Apache Corporation (NYSE, Nasdaq: APA) has declared regular cash dividends on the company’s common shares and 6% Mandatory Convertible Preferred Stock, Series D.

The dividend on the common shares is payable on Aug. 22, 2011, to stockholders of record on July 22, 2011, at the rate of 15 cents per share.

The dividend on the Series D preferred stock is payable Aug. 1, 2011, to holders of record on July 15, 2011, at the rate of $15 per share, which is equivalent to 75 cents per depositary share, each representing 1/20th of a share of Series D preferred stock. The depositary shares are traded on the New York Stock Exchange under the ticker APA/PD.

Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt, the United Kingdom North Sea, Australia and Argentina. Apache posts announcements, updates, investor information and all recent press releases, on its website, www.apachecorp.com.


SOURCE Apache Corporation

Source: newswire

comments powered by Disqus