Apache Declares Cash Dividends on Common and preferred Shares
HOUSTON, Sept. 28, 2012 /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 common shares is payable on Nov. 21, 2012, to stockholders of record on Oct. 22, 2012, at the rate of 17 cents per share.
The company also announced the regular cash dividend on the 6% Mandatory Convertible Preferred Stock, Series D. The dividend on the Series D preferred stock is payable Nov. 1, 2012, to holders of record on Oct. 15, 2012, 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