Apache Declares Cash Dividends
OREANDA-NEWS. November 28, 2012. 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, reported the press-centre of Apache.
The dividend on common shares is payable on Feb. 22, 2013, to stockholders of record on Jan. 22, 2013, at the rate of 17 cents per share.
The dividend on the Series D preferred stock is payable Feb. 1, 2013, to holders of record on Jan. 15, 2013, 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's annual meeting will be held at 10 a.m. Central Time on Thursday, May 16, 2013, at the Hilton Houston Post Oak Hotel, 2001 Post Oak Blvd., Houston, Texas. Shareholders of record at the close of business on March 18, 2013, are entitled to receive notice of the meeting and to vote the shares of Apache common stock they held as of that date.
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