KBR Increases Dividend 60%

Business Wirevia The Motley Fool
Updated

KBR Increases Dividend 60%

HOUSTON--(BUSINESS WIRE)-- KBR Inc. (NYS: KBR) announced today that its Board of Directors has approved a 60% increase in the quarterly cash dividend to $0.08 per share, payable on April 15, 2013 to shareholders of record as of March 15, 2013.

In 2012, the company's dividend for the comparable period was $0.05, paid on April 15, 2012.


"KBR's 60% dividend increase reflects our continued confidence in the company's ability to generate strong cash flow in the future and the company's commitment to efficiently return cash to shareholders," said Bill Utt, Chairman, President and Chief Executive Officer.

KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power, industrial, and commercial markets. For more information, visit www.kbr.com.

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KBR Inc.
Zac Nagle, 713-753-5082
Vice President, Investor Relations and Communications
investors@kbr.com
or
Rob Kukla, Jr., 713-753-5082
Director, Investor Relations
investors@kbr.com

KEYWORDS: United States North America Texas

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