SBM Offshore is a dividend paying company with a current yield of 5.48% that is well covered by earnings. Next payment date is on 10th May, 2024 with an ex-dividend date of 16th April, 2024.
Key information
5.5%
Dividend yield
30%
Payout ratio
Industry average yield
3.6%
Next dividend pay date
10 May 24
Ex dividend date
16 Apr 24
Dividend per share
n/a
Earnings per share
€2.74
Dividend yield forecast in 3Y
9.9%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SBMO has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SBMO's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
SBM Offshore Dividend Yield vs Market
How does SBMO dividend yield compare to the market?
Segment
Dividend Yield
Company (SBMO)
5.5%
Market Bottom 25% (AT)
2.6%
Market Top 25% (AT)
6.1%
Industry Average (Energy Services)
3.6%
Analyst forecast in 3 Years (SBMO)
9.9%
Notable Dividend: SBMO's dividend (5.48%) is higher than the bottom 25% of dividend payers in the Austrian market (2.62%).
High Dividend: SBMO's dividend (5.48%) is low compared to the top 25% of dividend payers in the Austrian market (6.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.3%), SBMO's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SBMO is paying a dividend but the company has no free cash flows.