Vallourec S.A. to Issue Dividend of $0.25 (OTCMKTS:VLOWY)

Vallourec S.A. (OTCMKTS:VLOWY) declared a dividend on Tuesday, May 20th, investing.com reports. Stockholders of record on Monday, May 26th will be paid a dividend of 0.2546 per share by the energy company on Thursday, June 26th. This represents a dividend yield of 6.36%. The ex-dividend date is Friday, May 23rd.

Vallourec Trading Down 0.9%

Shares of OTCMKTS:VLOWY opened at $3.97 on Wednesday. Vallourec has a 52-week low of $2.84 and a 52-week high of $4.24. The stock has a market cap of $4.64 billion, a price-to-earnings ratio of 11.33 and a beta of 1.65. The company has a quick ratio of 1.04, a current ratio of 1.79 and a debt-to-equity ratio of 0.32. The business has a 50-day moving average price of $3.77 and a 200-day moving average price of $3.71.

Vallourec (OTCMKTS:VLOWY) last announced its quarterly earnings results on Thursday, May 15th. The energy company reported $0.07 earnings per share (EPS) for the quarter. Vallourec had a return on equity of 16.77% and a net margin of 9.28%. The company had revenue of $1.04 billion during the quarter. Equities analysts predict that Vallourec will post 0.36 EPS for the current year.

Vallourec Company Profile

Vallourec SA, through its subsidiaries, provides tubular solutions for the oil and gas, industry, and energy markets in Europe, North America, South America, Asia, the Middle East, and internationally. It operates through Tubes; Mine & Forests; and Holding Companies & Other segments. The company offers seamless tubes for refineries, petrochemical facilities, and floating liquefied natural gas plants, as well as production, storage, and offloading units; VAM connections; rigid subsea line pipes and onshore rigid line pipes; and carbon steel and steel alloy tubes, hollow bars, and connections.