Vallourec S.A. (OTCMKTS:VLOWY) to Issue Dividend of $0.25

Vallourec S.A. (OTCMKTS:VLOWY) announced a dividend on Tuesday, May 20th, investing.com reports. Shareholders of record on Monday, May 26th will be given a dividend of 0.2546 per share by the energy company on Thursday, June 26th. This represents a yield of 6.36%. The ex-dividend date is Friday, May 23rd.

Vallourec Price Performance

Shares of OTCMKTS:VLOWY traded up $0.15 during midday trading on Tuesday, hitting $4.00. The company’s stock had a trading volume of 11,124 shares, compared to its average volume of 12,372. The company has a market cap of $4.69 billion, a P/E ratio of 11.43 and a beta of 1.65. Vallourec has a 12-month low of $2.84 and a 12-month high of $4.24. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.04 and a current ratio of 1.79. The business’s 50 day simple moving average is $3.76 and its 200 day simple moving average is $3.70.

Vallourec (OTCMKTS:VLOWY) last announced its earnings results on Thursday, May 15th. The energy company reported $0.07 earnings per share for the quarter. Vallourec had a net margin of 9.28% and a return on equity of 16.77%. The business had revenue of $1.04 billion during the quarter. On average, analysts forecast that Vallourec will post 0.36 EPS for the current year.

Vallourec Company Profile

Vallourec SA, through its subsidiaries, provides tubular solutions for the oil and gas, industry, and energy markets in Europe, North America, South America, Asia, the Middle East, and internationally. It operates through Tubes; Mine & Forests; and Holding Companies & Other segments. The company offers seamless tubes for refineries, petrochemical facilities, and floating liquefied natural gas plants, as well as production, storage, and offloading units; VAM connections; rigid subsea line pipes and onshore rigid line pipes; and carbon steel and steel alloy tubes, hollow bars, and connections.