CMB.TECH nv (NYSE:CMBT) Stock to Pay Special Dividend of $0.43

CMB.TECH nv (NYSE:CMBT) announced a special dividend on Thursday, August 27th. Investors of record on Friday, October 16th will be given a dividend of $0.43 per share on Thursday, October 22nd. The ex-dividend date is Friday, October 16th.

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

CMB.TECH Stock Down 0.7%

Shares of CMB.TECH stock opened at $20.77 on Wednesday. The company has a debt-to-equity ratio of 1.56, a current ratio of 1.12 and a quick ratio of 0.97. CMB.TECH has a 1-year low of $8.95 and a 1-year high of $21.19. The business’s fifty day moving average price is $18.72 and its two-hundred day moving average price is $16.06. The company has a market capitalization of $4.14 billion, a P/E ratio of 7.19 and a beta of 0.23.

CMB.TECH (NYSE:CMBT) last released its quarterly earnings results on Tuesday, August 11th. The company reported $1.26 earnings per share (EPS) for the quarter. CMB.TECH had a return on equity of 30.02% and a net margin of 37.19%. The company had revenue of $703.94 million during the quarter.

CMB.TECH Company Profile

CMB.TECH is a diversified maritime and cleantech company headquartered in Antwerp, Belgium. The company develops, owns and operates commercial vessels and is focused on reducing emissions in shipping through the use of alternative fuels and related technologies, including hydrogen and ammonia.

Its maritime activities include dry bulk carriers, container ships, chemical tankers, offshore wind service vessels and other specialized vessels. CMB.TECH also provides hydrogen and ammonia fuel solutions, including the development of dual-fuel vessels, fuel infrastructure and related applications for the maritime, industrial and transportation sectors.

The company serves international customers and operates across global shipping markets.