BW Offshore Announces Q2 2024 Dividend Details
Dividend Information for BW Offshore
In the latest quarterly update, BW Offshore Limited provides important details regarding its cash dividend for the second quarter of 2024. This information is crucial for shareholders seeking to understand their potential returns.
Key Details of the Cash Dividend
The cash dividend has been set at an amount of USD 0.0625 per share, providing value to the shareholders. The declared currency for this dividend is USD, making it clear and straightforward for international investors.
Timeline of Dividend Events
Several key dates are associated with this dividend announcement, giving shareholders a clear roadmap for what to expect:
Date of Approval
The dividend was approved on 29 August 2024, marking an important milestone for the company's financial calendar.
Last Day Inclusive
Shareholders can expect the last day inclusive to be 2 September 2024, which is critical for those looking to receive the dividend.
Ex-Date and Record Date
On 3 September 2024, the ex-date will take effect, indicating the date by which shareholders must own the shares to be eligible for the dividend. Subsequently, the record date is set for 4 September 2024, when the company will determine the list of shareholders eligible for the dividend payout.
Payment Date
The dividend payment date is scheduled for on or about 11 September 2024. This is when shareholders can expect to receive their cash dividends.
About BW Offshore
BW Offshore is a prominent player in the energy sector, specializing in innovative floating production solutions. The company operates a fleet of three Floating Production Storage and Offloading units (FPSOs), showcasing both potential and ambition for growth in a competitive market. With over four decades of offshore operations, BW Offshore is committed to creating tailored energy solutions that meet the evolving demands of global markets.
With around 1,200 dedicated employees, BW Offshore is listed on the Oslo stock exchange, symbolizing its robust presence in the industry.
Frequently Asked Questions
What is the cash dividend amount for Q2 2024?
The cash dividend amount for Q2 2024 is set at USD 0.0625 per share.
When was the dividend approved?
The dividend was approved on 29 August 2024.
What is the ex-date for the dividend?
The ex-date for the dividend is 3 September 2024.
When will the dividend payment be made?
The dividend payment is scheduled for on or about 11 September 2024.
Where can I find more information about BW Offshore?
More information about BW Offshore can be found by contacting their investor relations team via email or visiting their official website.
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