Bristow Group Inc. (NYSE:VTOL) Announces $0.13 Quarterly Dividend

Bristow Group Inc. (NYSE:VTOL) declared a quarterly dividend on Wednesday, February 25th. Shareholders of record on Friday, March 13th will be given a dividend of 0.125 per share on Thursday, March 26th. This represents a c) dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Friday, March 13th.

Bristow Group Stock Performance

Shares of VTOL stock traded up $1.23 during trading hours on Thursday, hitting $47.94. 137,085 shares of the company were exchanged, compared to its average volume of 193,888. The company has a current ratio of 1.91, a quick ratio of 1.53 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $1.39 billion, a price-to-earnings ratio of 10.04 and a beta of 1.38. The firm has a fifty day simple moving average of $41.61 and a 200 day simple moving average of $39.12. Bristow Group has a 52-week low of $25.11 and a 52-week high of $48.82.

Bristow Group (NYSE:VTOL) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.15. The business had revenue of $377.26 million during the quarter, compared to analyst estimates of $380.33 million. Bristow Group had a return on equity of 14.83% and a net margin of 9.71%.

About Bristow Group

Bristow Group Inc is a global provider of helicopter services to the offshore energy industry and search-and-rescue (SAR) operations worldwide. The company specializes in the safe and efficient transport of personnel, equipment and supplies to offshore oil and gas platforms, as well as emergency response and medevac services. Bristow’s operations support exploration, production and decommissioning activities, helping energy companies maintain continuity of production in some of the world’s most challenging environments.

The company maintains a diverse fleet of turbine-powered helicopters, including medium- and heavy-lift aircraft such as the Sikorsky S-92, Airbus H225 (formerly EC225) and Leonardo AW189.