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Tidewater Inc., together with its subsidiaries, provides offshore marine support and transportation services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide. It provides services in support of offshore oil and natural gas exploration, field development, and production, as well as windfarm development and maintenance, including towing of and anchor handling for mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workover, and production activities; offshore construction, and seismic and subsea support; geotechnical survey support for windfarm construction; and various specialized services, such as pipe and cable laying. The company operates and charters deepwater vessels, including platform supply and horsepower anchor handling tug supply vessels for use in transporting supplies and equipment from shore bases to deepwater and intermediate water depth offshore drilling rigs and production platforms; towing-supply vessels for use in intermediate and shallow waters; and crew boats, utility vessels, and offshore tugs to transport personnel and supplies from shore bases to offshore drilling rigs, platforms, and other installations. It also operates offshore tugs for use in tow floating drilling rigs and barges; and assisting in the docking of tankers, as well as in pipe and cable laying, and construction barges. The company serves oil and natural gas exploration, field development, and production companies; mid-sized and smaller independent exploration and production companies; foreign government-owned or government-controlled organizations, and other related companies; drilling contractors; and other companies, such as offshore construction, windfarm development, diving, and well stimulation companies. As of December 31, 2021, it owned 135 vessels. Tidewater Inc. was incorporated in 1956 and is headquartered in Houston, Texas.

Tidewater Dividend Announcement

Tidewater announced a annually dividend of $0.01 per ordinary share which will be made payable on 2021-01-29. Ex dividend date: 2020-12-30
Tidewater's trailing twelve-month (TTM) dividend yield is -%

Tidewater Dividend History

Ex-Div dateDividend amountDividend typePay date
2020-12-30$0.01annually2021-01-29
2017-12-28$0.01annually
2015-12-02$0.25annually2015-12-15
2015-09-02$0.25annually2015-09-15
2015-06-03$0.25annually2015-06-15
2015-03-04$0.25annually2015-03-16
2014-12-03$0.25annually2014-12-15
2014-09-03$0.25annually2014-09-15
2014-06-04$0.25annually2014-06-16
2014-02-28$0.25annually2014-03-14
2013-12-04$0.25annually2013-12-16
2013-09-04$0.25annually2013-09-16
2013-05-31$0.25annually2013-06-14
2013-03-01$0.25annually2013-03-15
2012-11-30$0.25annually2012-12-14
2012-08-30$0.25annually2012-09-14
2012-06-01$0.25annually2012-06-15
2012-03-01$0.25annually2012-03-15
2011-12-01$0.25annually2011-12-15
2011-08-31$0.25annually2011-09-15
2011-06-01$0.25annually2011-06-15
2011-03-02$0.25annually2011-03-15
2010-12-01$0.25annually2010-12-15
2010-09-01$0.25annually2010-09-15
2010-06-02$0.25annually2010-06-15
2010-03-03$0.25annually2010-03-16
2009-12-02$0.25annually2009-12-15
2009-09-02$0.25annually2009-09-15
2009-06-03$0.25annually2009-06-16
2009-02-27$0.25annually2009-03-13
2008-12-03$0.25annually2008-12-16
2008-09-03$0.25annually2008-09-15
2008-06-04$0.25annually2008-06-13
2008-02-29$0.15annually2008-03-14
2007-11-30$0.15annually2007-12-14
2007-08-29$0.15annually2007-09-10
2007-06-07$0.15annually2007-06-21
2007-02-08$0.15annually2007-02-22
2006-11-22$0.15annually2006-12-07
2006-07-27$0.15annually2006-08-10
2006-04-25$0.15annually2006-05-08
2006-01-19$0.15annually2006-02-02

Tidewater Dividend per year

Tidewater Dividend growth

Tidewater Dividend Yield

Tidewater current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Tidewater stock? Use our calculator to estimate your expected dividend yield:

Tidewater Financial Ratios

P/E ratio20.65
PEG ratio0.48
P/B ratio3.08
ROE15.32%
Payout ratio0.00%
Current ratio1.90
Quick ratio1.82
Cash Ratio0.94

Tidewater Dividend FAQ

Does Tidewater stock pay dividends?
Tidewater does not currently pay dividends to its shareholders.
Has Tidewater ever paid a dividend?
No, Tidewater has no a history of paying dividends to its shareholders. Tidewater is not known for its dividend payments.
Why doesn't Tidewater pay dividends?
There are several potential reasons why Tidewater would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Tidewater ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Tidewater has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Tidewater a dividend aristocrat?
Tidewater is not considered a Dividend Aristocrat. 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 Tidewater a dividend king?
Tidewater is not classified as a "Dividend King". 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 Tidewater a dividend stock?
No, Tidewater is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Tidewater stocks?
To buy Tidewater 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Tidewater 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.