Subsea 7 S.A. Announces Dividend of $0.28 (OTCMKTS:SUBCY)

Subsea 7 S.A. (OTCMKTS:SUBCY) declared a dividend on Tuesday, April 9th, NASDAQ reports. Stockholders of record on Tuesday, May 7th will be paid a dividend of 0.2827 per share by the energy company on Tuesday, May 14th. The ex-dividend date of this dividend is Monday, May 6th.

Subsea 7 Stock Up 0.8 %

SUBCY opened at $16.50 on Friday. The stock’s fifty day simple moving average is $15.84 and its 200 day simple moving average is $14.45. Subsea 7 has a 1-year low of $9.85 and a 1-year high of $16.96. The stock has a market cap of $5.02 billion, a PE ratio of 82.50 and a beta of 1.77. The company has a current ratio of 1.10, a quick ratio of 1.07 and a debt-to-equity ratio of 0.17.

Subsea 7 (OTCMKTS:SUBCY) last issued its quarterly earnings data on Thursday, April 25th. The energy company reported $0.09 earnings per share for the quarter, beating the consensus estimate of ($0.09) by $0.18. The company had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.30 billion. Subsea 7 had a net margin of 1.02% and a return on equity of 1.44%. As a group, research analysts expect that Subsea 7 will post 0.9 earnings per share for the current year.

About Subsea 7

Subsea 7 SA delivers offshore projects and services for the energy industry worldwide. It provides subsea field development products and services, including project management, design and engineering, procurement, fabrication, survey, installation, and commissioning of production facilities on the seabed and the tie-back of its facilities to fixed or floating platforms or to the shore.