Saipem SpA (OTCMKTS:SAPMY) Declares Dividend of $0.02

Saipem SpA (OTCMKTS:SAPMY) announced a dividend on Saturday, May 17th, investing.com reports. Stockholders of record on Wednesday, May 21st will be given a dividend of 0.02 per share on Thursday, June 5th. This represents a dividend yield of 4.47%. The ex-dividend date of this dividend is Tuesday, May 20th.

Saipem Stock Performance

OTCMKTS:SAPMY opened at $0.45 on Friday. Saipem has a 52 week low of $0.31 and a 52 week high of $0.53. The stock’s 50-day moving average price is $0.44 and its 200-day moving average price is $0.46.

Saipem Company Profile

Saipem SpA provides energy and infrastructure solutions worldwide. The company operates through Asset Based Services, Offshore Drilling, and Energy Carriers segments. It offers development of subsea fields and pipelaying; installation and lifting of offshore structures; and engineering, implementation, installation, maintenance, modification, and decommissioning activities.