WEATHERFORD <WII> SUSPENDS PREFERRED PAYOUTS Weatherford International said it suspended indefinitely payment of its regular quarterly dividend of 65.6 cts per share on its 2.625 convertible exchangeable cumulative preferred stock. Weatherford said this will be the sixth non-payment of the dividend on the stock. It said payment would have been on April 15, 1987. Weatherford also said the holders of the preferred stock will have the right to elect two additional directors to the board of directors.