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 2020 AGM, which was held on 8 April, 2020, shareholders voted in favor of the proposed dividend of US$150 million, which represents a dividend distribution of US$0.8098 per ordinary share. Dividends will be paid in Euros using an exchange rate of 1.0870, which will result in a payout of €0.7450 per ordinary share. The cash dividend is payable on May 6, 2020 to all shareholders of record as at April 15, 2020 through the bank or broker administering the shares.

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 by sending an e-mail to [email protected].

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

 

Dividend Timetable

Ex-Dividend Date April 14, 2020
Record Date April 15, 2020
Payment Date May 6, 2020