Dividend Information

Dividend Policy

The Company’s current dividend policy is to maintain a stable dividend, which grows over time. Determination of the dividend is based on the Company’s assessment of the underlying cash flow position and of ‘Directional net income’, where a target payout ratio of between 25% and 35% of ‘Directional net income’ will also be considered.

 

Dividend Distribution

At the 2018 AGM, on April 11, 2018, shareholders voted in favor of the proposed US$0.25 per ordinary share dividend distribution. Dividends will be paid in Euros using an exchange rate of 1.2380, which equates to €0.2019 per ordinary share. The cash dividend is payable on May 4, 2018 to all shareholders of record as at April 16, 2018 through the bank or broker administering the shares.

 

Dividend Timetable

Ex-Dividend Date April 13, 2018
Record Date April 16, 2018
Payment Date May 4, 2018

 

Dividend Reinvestment Plan

SBM Offshore N.V. has agreed to a Dividend Reinvestment Plan (DRIP) that will be offered by ABN AMRO Bank N.V. (ABN AMRO). By participating in this program, shareholders can reinvest their net cash dividend into ordinary shares of SBM Offshore.  Further information regarding the DRIP can be found in “Frequently Asked Questions about the DRIP” or can be obtained by contacting your intermediary or ABN AMRO directly by phone at  +31 (0) 20 344 2000 or by e-mail Corporate Broking ABN AMRO.

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