Core Laboratories Inc. (CLB) To Go Ex-Dividend on May 11th

Core Laboratories Inc. (NYSE:CLBGet Free Report) announced a quarterly dividend on Wednesday, April 29th. Shareholders of record on Monday, May 11th will be paid a dividend of 0.01 per share by the oil and gas company on Monday, June 1st. This represents a c) annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Monday, May 11th.

Core Laboratories has decreased its dividend payment by an average of 0.3%per year over the last three years. Core Laboratories has a payout ratio of 4.7% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Core Laboratories to earn $0.83 per share next year, which means the company should continue to be able to cover its $0.04 annual dividend with an expected future payout ratio of 4.8%.

Core Laboratories Stock Down 2.3%

Shares of CLB opened at $13.15 on Friday. The company has a current ratio of 2.05, a quick ratio of 1.50 and a debt-to-equity ratio of 0.42. Core Laboratories has a 12 month low of $9.72 and a 12 month high of $20.36. The stock’s 50 day moving average is $16.40 and its two-hundred day moving average is $16.80. The firm has a market cap of $605.98 million, a P/E ratio of 20.22, a PEG ratio of 2.53 and a beta of 0.99.

Core Laboratories (NYSE:CLBGet Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The oil and gas company reported $0.06 EPS for the quarter, meeting the consensus estimate of $0.06. Core Laboratories had a return on equity of 11.52% and a net margin of 5.94%.The company had revenue of $121.80 million for the quarter, compared to analyst estimates of $122.99 million. During the same period last year, the company earned $0.14 earnings per share. Core Laboratories’s quarterly revenue was down 1.4% compared to the same quarter last year. Core Laboratories has set its Q2 2026 guidance at 0.060-0.120 EPS. Analysts predict that Core Laboratories will post 0.57 earnings per share for the current fiscal year.

About Core Laboratories

(Get Free Report)

Core Laboratories N.V. is a global provider of proprietary and patented reservoir description and production enhancement services to the oil and gas industry. The company applies specialized expertise in core and fluid analysis, advanced petrophysical interpretation, and reservoir engineering to optimize hydrocarbon recovery. By integrating laboratory testing with field services and digital analytics, Core Laboratories delivers insights that help operators maximize production and extend the life of their assets.

The company’s portfolio spans two primary service lines: reservoir description and production enhancement.

See Also

Dividend History for Core Laboratories (NYSE:CLB)

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