Upcoming SBM Offshore dividend
Change(%)
-17.00%
Decrease
Next payment 0.83€
Next payment date May 10, 2024
Last payment 1.0€
Last payment date May 11, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 4/16/24
Confirmed

SBM Offshore will pay its shareholders a dividend of 0,83 euros per share on May 10, 2024, as announced.

The Last Trading Day (April 15, 2024) marks your last chance to qualify for dividends.

Holders of SBM Offshore shares received 1.0 euros as a dividend on May 11, 2023, with a yield of 7.54%.

SBM Offshore N.V., listed on the Vienna Stock Exchange, Frankfurt, London, on the OTC market in the United States, BATS EU and in Amsterdam under the stock exchange symbol SBMO, has paid its dividends in a stable manner with a period of suspension between 2012 to 2015, remaining constant to date.

The dividend payment schedule of SBM Offshore N.V. is annual, the cash deposit is made in the first days of May, although sometimes it is postponed to June, the amount of which has been consistently increasing, reaching an annual yield of approximately 7.10%.

Payout Ratio SBM Offshore Dividends

SBM Offshore paid 4% of its net income in the last fiscal period as dividends.
SBM Offshore's earnings (4,961,999,872.00€) are sufficient to cover the dividend payment. This payment represents 4% of the total net profit of SBMO.
Dividend payout ratio
Payout Ratio

Dividend calendar of SBM Offshore

These are the most important events of the SBM Offshore calendar in 2024:

Event Day
Last trading date April 15, 2024
Ex-Dividend (Ex-Date) April 16, 2024
Record date April 17, 2024
Date of payment May 10, 2024
Data confirmed by the company SBM Offshore (SBMO).
Confirmed
Source
Historical annual dividend yields of SBM Offshore
Over the past 5 years, SBM Offshore has not consistently increased the annual dividend amount.
Increasing Dividends
Dividend yield
Dividend yield of SBM Offshore vs. the sector
SBM Offshore's dividend yield (5.54%) is above the sector average (3.71%).
Comparison with industry average
SBM Offshore's dividend yield is between the top 25% (7.17%) and top 75% (0.00%) of the sector.
Evaluation with respect to competence.
Dividend yield history in SBM Offshore
In the last 5 years, SBM Offshore's annual dividend amount has not fallen more than 10%.
Dividend stability

Dividend history of SBM Offshore

In this table you can see the complete history:

YearEx-DividendAmountTotal
2023
04/17/2023
0.9959 €
0.9959 €
2022
04/08/2022
0.9137 €
0.9137 €
2021
04/09/2021
0.7439 €
0.7439 €
2020
04/14/2020
0.745 €
0.745 €
2019
04/12/2019
0.3302 €
0.3302 €
2018
04/13/2018
0.2019 €
0.2019 €
2017
04/19/2017
0.23 €
0.23 €
2016
04/08/2016
0.21 €
0.21 €
2011
05/09/2011
0.470962 €
0.470962 €
2010
04/16/2010
0.480774 €
0.480774 €
2009
05/18/2009
0.456245 €
0.456245 €
2008
05/19/2008
0.589692 €
0.589692 €
2007
05/17/2007
0.559268 €
0.559268 €
2006
05/23/2006
0.632856 €
0.632856 €
2005
05/24/2005
0.331145 €
0.331145 €
2004
05/18/2004
0.291898 €
0.291898 €
SBM Offshore dividend capture strategy
Step 1: Buy SBM Offshore shares (SBMO) one day before ex-dividend date
Date of purchase Apr 15, 2024
Next ex-dividend date Apr 16, 2024
Step 2: Sell SBM Offshore shares (SBMO) when the price recovers.
Date of sale (estimated) N/A
Average price recovery N/A
Average return on cost N/A
The dividend capture strategy is based on historical SBM Offshore data. Past performance is no guarantee of future results.

Information about SBM Offshore

Full name SBM Offshore N.V.
Ticker SBMO
Sector Energy
Industry Oil & Gas Equipment & Services
Market Capitalization 2.44B €
ISIN NL0000360618
Number of Employees 5,816
Description of the company

SBM Offshore N.V. is a conglomerate headquartered in the Netherlands, dedicated to the commercialization of systems and services associated with the offshore oil and gas industry, being one of the pioneers in the implementation of single buoy mooring systems.

SBM has its origins in the association Industriële Handels Combinatie (IHC), which was founded in The Hague, with the participation of dredging specialists such as Gusto Shipyard, Conrad Shipyard, J. & K. Smit, L. Smit, Machine Factory De Klop, and Verschure & Co. Smit, L. Smit, Machine Factory De Klop, and Verschure & Co. who joined forces to gain a stronger presence and strength abroad.

This cooperation results in a formal merger in 1965 where 5 of the 6 boards of directors decide to stay in the IHC company, engaging in offshore production, drilling pontoons, oil rigs, single buoy moorings, drillships, among others.

In 1969 they founded SBM Inc. in Switzerland, as a subsidiary of IHC, designing the first permanent mooring system in 1973, four years later they developed the SALS yoke thus eliminating the need to use dynamic elevators, growing in such a way that in 1990 they acquired IMODCO, one of their main competitors located in California, deciding to completely change the name to SBM Offshore N.V. in 2005.

They are currently engaged mainly in the design, supply, installation, operation and maintenance of FPSO vessels required for the offshore industry, especially in remote areas, with more than 7,000 employees worldwide.

Frequently asked questions about SBM Offshore dividends

SBM Offshore pays dividends on a Anual basis.

SBM Offshore is listed on the Bolsa de Amsterdam and is part of the AMX.

SBM Offshore has the Ticker or stock code SBMO.

The CEO of SBM Offshore in 2024 is Mr. Bruno Y. R. Chabas.

SBM Offshore does not have a growing dividend program. Dividends have not shown a steady growth in the last 5 years.

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