---
schema_version: "secwatch.filing_event.v1"
accession: "0000046765-23-000056"
form_type: "8-K"
ticker: "HP"
cik: "0000046765"
company_name: "Helmerich & Payne, Inc."
filed_at: "2023-10-18T23:59:59+00:00"
generated_at: "2026-06-09T22:07:31.780116+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Helmerich & Payne declares $0.17 supplemental dividend, plans $450-500M FY2024 capex, $168M shareholder returns

## Summary
- Declared $0.17/share supplemental dividend, payable Dec 4, 2023; base dividend $0.25/share declared Sep 6.
- FY2024 shareholder return plan projects ~$168M total: ~$100M base dividends + ~$68M supplemental dividends.
- FY2024 capex $450-500M; 60% for North America Solutions, 33% for international growth.
- Q4 '23 North America direct margins guided $230-260M; International margins lowered to $4-6M due to pulled-forward costs.
- FY2023 capex still ~$400M; $249M in share repurchases in FY2023 (~6% of shares outstanding).

## SEC filing metadata
- accession: 0000046765-23-000056
- form_type: 8-K
- ticker: HP
- cik: 0000046765
- company_name: Helmerich & Payne, Inc.
- filed_at: 2023-10-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/46765/000004676523000056/0000046765-23-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/46765/000004676523000056/hp-20231017.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000046765-23-000056
- JSON: https://secwatch.observer/filing/0000046765-23-000056.json
- Plain text: https://secwatch.observer/filing/0000046765-23-000056.txt

## Key facts
- Earnings Releases
  Helmerich & Payne, Inc. updated its fiscal year 2024 guidance (initiated).
  - Period: fiscal year 2024
  - Guidance: initiated
  - Result: guidance update
  source text: On October 18, 2023, Helmerich & Payne, Inc. (the “Company”) issued a press release announcing, among other things, certain financial and operating guidance for its fourth fiscal quarter and year ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/46765/000004676523000056/0000046765-23-000056-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.