Dividend Information

Dividend Policy

The Company’s policy is to maintain a stable dividend, which grows over time. Determination of the dividend is based on the Company’s assessment of its underlying cash flow position.

 

Dividend Distribution

During the 2021 AGM, which was held on April 7, 2021, shareholders voted in favor of the proposed all cash dividend of US$165 million, which represents a dividend distribution of US$0.8854 per ordinary share. Dividends will be paid in Euros using an exchange rate of 1.1902, which will result in a payout of €0.7439 per ordinary share. The cash dividend is payable on May 6, 2021 to all shareholders of record as at April 12, 2021 through the bank or broker administrating the shares.

 

Dividend Reinvestment Plan

ABN AMRO is responsible for executing the dividend payment on behalf of SBM Offshore and offers the Company’s shareholders the option to participate in a Dividend Reinvestment Plan (DRIP). By participating in this program, shareholders can reinvest their net dividend into shares of the Company. Further information regarding the DRIP will be made available by ABN AMRO to all financial intermediaries.

Please click here for the Frequently Asked Questions about the DRIP.

 

Dividend Timetable

Ex-Dividend Date April 9, 2021
Record Date April 12, 2021
Payment Date May 6, 2021