CMB.TECH nv Plans Special Dividend of $0.16 (NYSE:CMBT)

CMB.TECH nv (NYSE:CMBT) announced a special dividend on Thursday, February 26th. Stockholders of record on Wednesday, April 15th will be paid a dividend of 0.16 per share on Wednesday, April 22nd. The ex-dividend date of this dividend is Wednesday, April 15th.

CMB.TECH has raised its dividend by an average of 0.4%annually over the last three years.

CMB.TECH Price Performance

CMBT stock traded up $0.47 during trading on Friday, hitting $14.77. 1,645,885 shares of the company’s stock traded hands, compared to its average volume of 2,368,327. CMB.TECH has a 1 year low of $7.65 and a 1 year high of $14.69. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.61 and a current ratio of 0.73. The business has a fifty day simple moving average of $11.73 and a two-hundred day simple moving average of $10.25.

CMB.TECH (NYSE:CMBT) last posted its earnings results on Thursday, February 26th. The company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.03). The company had revenue of $639.98 million during the quarter, compared to analysts’ expectations of $449.43 million. CMB.TECH had a net margin of 12.64% and a return on equity of 4.28%.

About CMB.TECH

Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company offers floating, storage, and offloading (FSO) services. It also owns and operates a fleet of vessels. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium. As of March 15, 2024, Euronav NV operates as subsidiary of CMB NV.