Equinor ASA (NYSE:EQNR) announced a quarterly dividend on Wednesday, May 8th, Wall Street Journal reports. Stockholders of record on Monday, May 20th will be given a dividend of 0.26 per share on Tuesday, May 28th. This represents a $1.04 annualized dividend and a dividend yield of 4.93%. The ex-dividend date of this dividend is Friday, May 17th.
Equinor ASA stock opened at $21.11 on Friday. The company has a market cap of $70.27 billion, a PE ratio of 10.45 and a beta of 0.90. The company has a current ratio of 1.48, a quick ratio of 1.44 and a debt-to-equity ratio of 0.59. Equinor ASA has a 1 year low of $19.95 and a 1 year high of $28.93.
Equinor ASA (NYSE:EQNR) last released its quarterly earnings data on Friday, May 3rd. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.06. The firm had revenue of $16.41 billion for the quarter. Equinor ASA had a net margin of 10.46% and a return on equity of 15.79%. As a group, analysts anticipate that Equinor ASA will post 1.81 earnings per share for the current fiscal year.
A hedge fund recently raised its stake in Equinor ASA stock. Geode Capital Management LLC increased its holdings in Equinor ASA (NYSE:EQNR) by 11.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 54,919 shares of the company’s stock after purchasing an additional 5,424 shares during the period. Geode Capital Management LLC’s holdings in Equinor ASA were worth $1,161,000 at the end of the most recent quarter. 5.43% of the stock is currently owned by hedge funds and other institutional investors.
About Equinor ASA
Equinor ASA, an energy company, explores for, produces, transports, refines, and markets petroleum and petroleum-derived products, and other forms of energy in Norway and internationally. The company operates through Development & Production Norway; Development & Production Brazil; Development & Production International; Marketing, Midstream & Processing; New Energy Solutions; Technology, Projects & Drilling; Exploration; and Global Strategy & Business Development segments.
Recommended Story: Cost of Equity For A Business, Investors
Receive News & Ratings for Equinor ASA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equinor ASA and related companies with MarketBeat.com's FREE daily email newsletter.