SBM Offshore (OTCMKTS:SBFFF) Announces Dividend of $0.88

SBM Offshore (OTCMKTS:SBFFF) declared 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 dividend yield of 4.16%. The ex-dividend date is Friday, April 11th.

SBM Offshore Stock Performance

SBM Offshore stock opened at $21.15 on Friday. SBM Offshore has a 52-week low of $14.49 and a 52-week high of $21.66. The company’s 50 day moving average is $20.00 and its two-hundred day moving average is $18.71.

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.