SBM Offshore (OTCMKTS:SBFFF) Plans $0.88 Dividend

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

SBM Offshore Stock Performance

Shares of SBFFF opened at $21.15 on Wednesday. The company has a 50-day moving average price of $20.19 and a two-hundred day moving average price of $18.77. SBM Offshore has a 12 month low of $14.49 and a 12 month high of $21.66.

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.