Halliburton stock jumps after profit beats expectations, dividend raise boosts yield to near 1.6%

Shares of Halliburton Co.
HAL,
-0.29%

jumped 1.8% in premarket trading Tuesday, after the oil services company beat fourth-quarter profit expectations and matched on revenue, while raising its dividend by 33%. Net income fell to $656 million, or 72 cents a share, from $824 million, or 92 cents a share, in the year-ago period. The FactSet consensus for earnings per share was 67 cents. Revenue jumped 30.5% to $5.58 billion, while the FactSet consensus was…

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