WBI (WBI) to Distribute Quarterly Dividend of $0.05 on September 10th

WBI (NYSE:WBIGet Free Report) announced a quarterly dividend on Wednesday, August 5th. Shareholders of record on Thursday, August 27th will be paid a dividend of 0.05 per share on Thursday, September 10th. This represents a c) dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, August 27th.

WBI Stock Down 2.4%

WBI stock opened at $32.74 on Friday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.30 and a quick ratio of 1.30. The company’s 50-day moving average is $32.34 and its 200-day moving average is $28.30. The firm has a market capitalization of $4.04 billion and a PE ratio of 130.96. WBI has a fifty-two week low of $18.64 and a fifty-two week high of $36.89.

WBI (NYSE:WBIGet Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.10 EPS for the quarter. The business had revenue of $217.77 million for the quarter. Sell-side analysts anticipate that WBI will post 0.55 earnings per share for the current year.

Insider Transactions at WBI

In other WBI news, major shareholder Energy Corp/De Devon sold 1,755,174 shares of the stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $30.05, for a total transaction of $52,742,978.70. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Wbr Holdings Llc sold 5,894,826 shares of the stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $30.05, for a total value of $177,139,521.30. Following the transaction, the insider owned 1,980,921 shares in the company, valued at $59,526,676.05. The trade was a 74.85% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 19,439,652 shares of company stock valued at $584,161,543. Corporate insiders own 50.61% of the company’s stock.

WBI Company Profile

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WaterBridge Infrastructure LLC is an integrated, pure-play water infrastructure company. WaterBridge Infrastructure LLC is based in HOUSTON.

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