May 17, 2011
The Board of Directors of Anadarko Petroleum Corporation (NYSE:APC) declared a quarterly cash dividend of $0.09 per share today.
The dividend is payable June 22, 2011, to stockholders of record at the close of business on June 8, 2011, and represents an annual yield of about 0.50%.
Shares of Anadarko Petroleum are trading down 1.21% at $72.51.
Anadarko Petroleum has a potential upside of 29.2% based on a current price of $72.51 and an average consensus analyst price target of $93.7.
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