SBM Offshore N.V. provides floating production solutions to the offshore energy industry worldwide. The company 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 platforms, liquefied natural gas (LNG) FPSOs, turret mooring systems, LNG regasification to power vessels, floating offshore wind, and brownfield and offshore loading terminals. The company also provides catenary anchor leg mooring (CALM) or single point mooring (SPM) terminal; as well as provides solutions for floating unit mooring, flexible flowline, and subsea structure installation works. As of December 31, 2021, it operated a fleet of 14 FPSOs and 1 semi-submersible unit. The company was formerly known as IHC Caland and changed its name to SBM Offshore N.V. in 2005. SBM Offshore N.V. was founded in 1862 and is headquartered in Schiphol, the Netherlands.
SBM Offshore Dividend Announcement
• SBM Offshore announced a annually dividend of €0.77 per ordinary share which will be made payable on 2024-05-10. Ex dividend date: 2024-04-16
• SBM Offshore annual dividend for 2024 was €0.77
• SBM Offshore annual dividend for 2023 was €1.00
• SBM Offshore's trailing twelve-month (TTM) dividend yield is 4.47%
• SBM Offshore's payout ratio for the trailing twelve months (TTM) is 34.11%
• SBM Offshore's dividend growth over the last five years (2018-2023) was 31.84% year
SBM Offshore Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-16 | €0.77 | annually | 2024-05-10 |
2023-04-17 | €1.00 | annually | 2023-05-11 |
2022-04-08 | €1.00 | annually | 2022-05-04 |
2021-04-09 | €0.74 | annually | 2021-05-06 |
2020-04-14 | €0.81 | annually | 2020-05-06 |
2019-04-12 | €0.37 | annually | 2019-05-03 |
2018-04-13 | €0.25 | annually | 2018-05-04 |
2017-04-19 | €0.23 | annually | 2017-05-12 |
2016-04-08 | €0.21 | annually | 2016-05-03 |
2011-05-09 | €0.47 | annually | 2011-06-01 |
2010-04-16 | €0.48 | annually | 2010-05-14 |
2009-05-18 | €0.34 | annually | 2009-06-09 |
SBM Offshore Dividend per year
SBM Offshore Dividend growth
SBM Offshore Dividend Yield
SBM Offshore current trailing twelve-month (TTM) dividend yield is 4.47%. Interested in purchasing SBM Offshore stock? Use our calculator to estimate your expected dividend yield:
SBM Offshore Financial Ratios
SBM Offshore Dividend FAQ
Other factors to consider when evaluating SBM Offshore 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.
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1. Determination of Dividend: SBM Offshore'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, SBM Offshore 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, SBM Offshore 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 SBM Offshore 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. Record Date: SBM Offshore 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, SBM Offshore distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SBM Offshore 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.
To assess the safety of SBM Offshore'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 SBM Offshore'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.