Bristow Group Inc. Declares Quarterly Dividend of $0.13 (NYSE:VTOL)

Bristow Group Inc. (NYSE:VTOL) declared a quarterly dividend on Wednesday, February 25th. Investors of record on Friday, March 13th will be paid a dividend of 0.125 per share on Thursday, March 26th. This represents a c) dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, March 13th.

Bristow Group Stock Performance

VTOL stock traded up $1.73 during trading hours on Thursday, reaching $48.44. The stock had a trading volume of 99,321 shares, compared to its average volume of 192,679. The stock has a 50-day simple moving average of $41.61 and a 200 day simple moving average of $39.12. Bristow Group has a fifty-two week low of $25.11 and a fifty-two week high of $48.55. The stock has a market capitalization of $1.40 billion, a PE ratio of 10.17 and a beta of 1.38. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.91 and a quick ratio of 1.53.

Bristow Group (NYSE:VTOL) last issued its earnings results on Wednesday, February 25th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.15. The business had revenue of $377.26 million during the quarter, compared to the consensus estimate of $380.33 million. Bristow Group had a net margin of 9.71% and a return on equity of 14.83%.

Bristow Group Company Profile

Bristow Group Inc is a global provider of helicopter services to the offshore energy industry and search-and-rescue (SAR) operations worldwide. The company specializes in the safe and efficient transport of personnel, equipment and supplies to offshore oil and gas platforms, as well as emergency response and medevac services. Bristow’s operations support exploration, production and decommissioning activities, helping energy companies maintain continuity of production in some of the world’s most challenging environments.

The company maintains a diverse fleet of turbine-powered helicopters, including medium- and heavy-lift aircraft such as the Sikorsky S-92, Airbus H225 (formerly EC225) and Leonardo AW189.