SBM Offshore (SBFFF) to Issue Dividend of $0.88 on May 6th

SBM Offshore (OTCMKTS:SBFFF) announced a dividend on Saturday, April 5th, investing.com reports. Investors of record on Monday, April 14th will be paid a dividend of 0.88 per share on Tuesday, May 6th. This represents a yield of 4.16%. The ex-dividend date of this dividend is Friday, April 11th.

SBM Offshore Price Performance

SBFFF opened at $21.15 on Monday. The business has a fifty day moving average price of $20.00 and a 200 day moving average price of $18.72. SBM Offshore has a 12 month low of $14.49 and a 12 month high of $21.66.

SBM Offshore Company Profile

SBM Offshore N.V. provides floating production solutions to the offshore energy industry worldwide. It operates in two segments, Lease and Operate, and Turnkey. It engages in the design, supply, installation, operation, lease, and life extension of floating production storage and offloading (FPSO) vessels, as well as semi-submersibles, tension leg floaters, turret mooring systems, floating offshore wind, and brownfield and offshore loading terminals.