SBM Offshore (OTCMKTS:SBFFY) Announces Annual Dividend of $0.71

SBM Offshore (OTCMKTS:SBFFY) declared an annual dividend on Thursday, March 18th, Zacks reports. Investors of record on Monday, April 12th will be paid a dividend of 0.706 per share on Thursday, May 20th. This represents a yield of 3.72%. The ex-dividend date is Friday, April 9th. This is a boost from SBM Offshore’s previous annual dividend of $0.60.

Shares of OTCMKTS:SBFFY opened at $18.51 on Thursday. SBM Offshore has a 52 week low of $12.10 and a 52 week high of $19.40. The firm has a 50 day moving average of $19.00 and a 200 day moving average of $18.47.

SBM Offshore Company Profile

SBM Offshore N.V. provides floating production solutions to the offshore energy industry worldwide. The company operates in two segments, Lease and Operate, and Turnkey. It engages in the design, supply, installation, operation, lease, life extension, and demobilization of floating production storage and offloading (FPSO) vessels, as well as semi-submersibles, tension leg platforms, liquefied natural gas (LNG) FPSOs, turret mooring systems, LNG regasification to power vessels, floating offshore wind and wave energy convertor systems, and brownfield and offshore loading terminals.

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Dividend History for SBM Offshore (OTCMKTS:SBFFY)

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