CMB.TECH nv (CMBT) to Issue Special Dividend of $0.05 on January 15th

CMB.TECH nv (NYSE:CMBT) announced a special dividend on Wednesday, November 26th. Stockholders of record on Wednesday, January 7th will be given a dividend of 0.05 per share on Thursday, January 15th. The ex-dividend date of this dividend is Wednesday, January 7th.

CMB.TECH has increased its dividend payment by an average of 0.4%per year over the last three years.

CMB.TECH Trading Down 2.1%

Shares of CMB.TECH stock opened at $9.45 on Monday. The company has a current ratio of 0.73, a quick ratio of 0.61 and a debt-to-equity ratio of 1.96. CMB.TECH has a twelve month low of $7.65 and a twelve month high of $12.00. The firm has a market capitalization of $1.84 billion, a PE ratio of 11.52 and a beta of -0.08. The firm’s 50-day moving average price is $9.85 and its 200 day moving average price is $9.43.

CMB.TECH (NYSE:CMBT) last announced its earnings results on Wednesday, November 26th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.04). The firm had revenue of $460.80 million for the quarter, compared to analyst estimates of $393.37 million. CMB.TECH had a net margin of 12.64% and a return on equity of 4.28%.

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.