SBM Offshore (OTCMKTS:SBFFY – Get Free Report) announced a dividend on Tuesday, April 8th, investing.com reports. Stockholders of record on Tuesday, April 15th will be paid a dividend of 0.678 per share on Wednesday, May 21st. This represents a dividend yield of 3.33%. The ex-dividend date is Monday, April 14th.
SBM Offshore Price Performance
Shares of OTCMKTS:SBFFY opened at $20.35 on Thursday. The business has a 50-day simple moving average of $20.91 and a two-hundred day simple moving average of $18.95. SBM Offshore has a fifty-two week low of $14.24 and a fifty-two week high of $23.20.
Analyst Upgrades and Downgrades
Separately, Barclays lowered SBM Offshore from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 24th.
About SBM Offshore
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.
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