Shares of SBM Offshore (OTCMKTS:SBFFF – Get Free Report) were up 4.3% during trading on Friday . The company traded as high as $24.00 and last traded at $24.00. Approximately 700 shares were traded during mid-day trading, an increase of 91% from the average daily volume of 367 shares. The stock had previously closed at $23.00.
SBM Offshore Stock Up 4.3%
The business’s fifty day moving average price is $21.27 and its 200 day moving average price is $19.72.
SBM Offshore Announces Dividend
The company also recently disclosed a dividend, which was paid on Tuesday, May 6th. Stockholders of record on Monday, April 14th were paid a $0.88 dividend. This represents a dividend yield of 4.16%. The ex-dividend date of this dividend was Friday, April 11th.
SBM Offshore Company Profile
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.
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