Baker Hughes Company (BKR) released earnings for its fourth quarter that increased from the same period last year and beat the

Baker Hughes shares have increased almost 9% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $44.60, a climb of 52% in the last 12 months.

Baker Hughes posted higher revenue and profit in the fourth quarter, driven by higher orders and strength across its industrial and energy-technology unit. The company, which provides oilfield products,

The dividend reflects a 10% increase, or $0.02, compared to the same quarter last year. Baker Hughes expects to fund its quarterly cash dividend from cash generated from operations. About Baker Hughes: Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide.