UBS expects Halliburton's (HAL) dividend hike - its first since 2007 - could lead other...

|About: Halliburton Company (HAL)|By:, SA News Editor

UBS expects Halliburton's (HAL) dividend hike - its first since 2007 - could lead other oilfield companies to follow suit later this year, particularly Ensco (ESV), which now pays $1.50/share but could raise it to $2 or $2.50. Schlumberger (SLB), which increased dividends last month by 14%, also will seek to regularly raise its dividend in coming years as free cash flows grow, the firm says.