CMB.TECH nv (NYSE:CMBT) Plans Special Dividend of $0.44

CMB.TECH nv (NYSE:CMBT) declared a special dividend on Tuesday, May 26th. Stockholders of record on Wednesday, June 3rd will be paid a dividend of 0.44 per share on Wednesday, June 10th. The ex-dividend date of this dividend is Wednesday, June 3rd.

CMB.TECH has decreased its dividend by an average of 0.5%per year over the last three years.

CMB.TECH Price Performance

NYSE CMBT opened at $15.98 on Wednesday. The company has a debt-to-equity ratio of 1.59, a quick ratio of 0.85 and a current ratio of 0.95. CMB.TECH has a one year low of $7.78 and a one year high of $17.72. The company has a market capitalization of $3.36 billion, a price-to-earnings ratio of 9.51 and a beta of 0.06. The stock has a 50-day moving average of $13.74 and a 200 day moving average of $12.21.

CMB.TECH (NYSE:CMBT) last released its earnings results on Tuesday, May 19th. The company reported $1.27 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $1.00. The company had revenue of $519.63 million for the quarter, compared to analysts’ expectations of $422.43 million. CMB.TECH had a net margin of 24.94% and a return on equity of 18.25%.

CMB.TECH Company Profile

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.