Baker Hughes

Baker Hughes is one of the world's largest oilfield services and energy technology companies, providing drilling equipment, turbomachinery and increasingly technology for LNG, hydrogen and emissions management. Its industrial and energy-technology segment gives it a foothold in the energy transition alongside its traditional oilfield operations. The company has a remarkably long dividend history, having paid without interruption for around four decades, though the payout was reset lower after the merger that formed the current group. The yield today is modest and the dividend is well covered by cash flow. This is a solid income profile for an energy name, balancing a long track record against the sector's inherent cyclicality.