Reach Subsea ASA provides subsea services worldwide. The company operates in two segments, Oil & Gas and Renewable/Other. It offers inspection, maintenance, and repair services, such as structural inspections, WROV operation, SCM changeout, scale squeeze operations, water injection, ready for operation, subsea equipment maintenance, repair, commissioning, and boulder clearance. The company also provides asset integrity/pipeline inspection services; survey services, including geophysical, geotechnical, UXO, environmental, hydrography, and archaeology; and engineering and project management services. In addition, it offers construction support services comprising vessel, remotely operated vehicles, personnel, survey, and on demand engineering; seabed intervention; boulder clearance; touchdown monitoring; and pre-lay and post- lay survey. Further, the company provides offshore personnel contracting services; geophysical monitoring services, including real-time seismic monitoring, gravitude survey-based 4D gravity, seafloor subsidence monitoring, gravitude depthwatch for seismic nodes, injection integrity monitoring, well drilling, and under control; and environmental monitoring services, such as monitoring CO2 injection and storage, earthquake monitoring and prediction, and geothermal resources assessment and monitoring. It serves oil and gas, renewables, and utilities sectors. The company was formerly known as Transit Invest ASA and changed its name to Reach Subsea ASA in December 2012. Reach Subsea ASA was incorporated in 1909 and is headquartered in Haugesund, Norway.
Reach Subsea Dividend Announcement
• Reach Subsea announced a annually dividend of kr0.36 per ordinary share which will be made payable on 2024-06-11. Ex dividend date: 2024-06-03
• Reach Subsea annual dividend for 2024 was kr0.36
• Reach Subsea annual dividend for 2023 was kr0.18
• Reach Subsea's trailing twelve-month (TTM) dividend yield is 4.55%
• Reach Subsea's payout ratio for the trailing twelve months (TTM) is 40.54%
Reach Subsea Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-03 | kr0.36 | annually | 2024-06-11 |
| 2023-06-01 | kr0.18 | annually | 2023-06-08 |
| 2022-05-31 | kr0.18 | annually | 2022-06-08 |
| 2021-06-14 | kr0.15 | annually | 2021-06-21 |
| 2021-05-27 | kr0.15 | annually | |
| 2019-05-28 | kr0.07 | annually | 2019-06-05 |
| 2006-05-19 | kr0.05 | annually | 2006-05-31 |
Reach Subsea Dividend per year
Reach Subsea Dividend growth
Reach Subsea Dividend Yield
Reach Subsea current trailing twelve-month (TTM) dividend yield is 4.55%. Interested in purchasing Reach Subsea stock? Use our calculator to estimate your expected dividend yield:
Reach Subsea Financial Ratios
P/E ratio9.44
PEG ratio0.16
P/B ratio2.22
ROE25.24%
Payout ratio40.54%
Current ratio0.73
Quick ratio0.70
Cash Ratio0.18
Reach Subsea Dividend FAQ
How much is the next Reach Subsea dividend?
Reach Subsea's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Reach Subsea dividend. The next Reach Subsea dividend will be released in June.
When is Reach Subsea dividend paid?
Reach Subsea pays dividends on a annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Reach Subsea pay?
The specific amount of Reach Subsea dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Reach Subsea's dividend history.
Does Reach Subsea stock pay dividends?
Yes, Reach Subsea does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Reach Subsea's dividend history.
How much dividend does Reach Subsea pay?
Reach Subsea paid kr0.36 in 2024, kr0.18 in 2023, kr0.18 in 2022, kr0.3 in 2021, and kr0.0 in 2020.
How often does Reach Subsea pay dividends?
Reach Subsea typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is Reach Subsea's dividend yield?
The current dividend yield for Reach Subsea is 4.55%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Reach Subsea's exact dividend yield.
When does Reach Subsea go ex dividend?
Reach Subsea's ex-dividend date for the latest dividend was on 2024-06-03. Reach Subsea typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Reach Subsea dividend paid?
Reach Subsea pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Reach Subsea increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Reach Subsea will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Reach Subsea dividend per share?
Reach Subsea paid kr0.36 per share in 2024 and kr0.18 per share in 2023. The amount of dividend per share that Reach Subsea pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Reach Subsea a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Reach Subsea a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Reach Subsea a dividend stock?
Yes, Reach Subsea is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Reach Subsea a good dividend stock?
Whether Reach Subsea is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Reach Subsea has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Reach Subsea as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Reach Subsea as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Reach Subsea pay dividends monthly?
Reach Subsea typically pays dividends on a annually basis.
Does Reach Subsea pay dividends quarterly?
Reach Subsea currently pays dividends on a annually basis.
Has Reach Subsea ever paid a dividend?
Yes, Reach Subsea has a history of paying dividends to its shareholders. Reach Subsea is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Reach Subsea dividend stocks?
To buy Reach Subsea you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Reach Subsea stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Reach Subsea stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Reach Subsea pay dividends 2024?
Reach Subsea pays dividends on a annually basis. 2024 dividend payments are in 2024-06-11. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Reach Subsea increase its dividend in 2024?
Decisions regarding Reach Subsea dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Reach Subsea dividend overview you can look into the above table of dividend history.
How Reach Subsea dividend works?
The Reach Subsea dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Reach Subsea's dividend process works:
1. Determination of Dividend: Reach Subsea's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Reach Subsea publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Reach Subsea distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Reach Subsea are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Reach Subsea's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Reach Subsea publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Reach Subsea distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Reach Subsea are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Reach Subsea dividends paid?
Reach Subsea dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Reach Subsea sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Reach Subsea distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Reach Subsea declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Reach Subsea sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Reach Subsea distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Reach Subsea declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Reach Subsea pay dividends?
Reach Subsea typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Reach Subsea pay dividends?
The general pattern is that Reach Subsea pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Reach Subsea dividend safe?
The safety of Reach Subsea's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Reach Subsea's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Reach Subsea's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Reach Subsea's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Reach Subsea's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.