Bristow Group Inc. (VTOL) to Issue Quarterly Dividend of $0.13 on March 26th

Bristow Group Inc. (NYSE:VTOLGet Free Report) declared a quarterly dividend on Wednesday, February 25th. Shareholders of record on Friday, March 13th will be given a dividend of 0.125 per share on Thursday, March 26th. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Friday, March 13th.

Bristow Group Stock Up 0.8%

Shares of NYSE:VTOL opened at $46.21 on Wednesday. The company has a quick ratio of 1.54, a current ratio of 1.90 and a debt-to-equity ratio of 0.61. The business has a fifty day moving average of $43.33 and a two-hundred day moving average of $39.64. The stock has a market cap of $1.35 billion, a P/E ratio of 10.70 and a beta of 1.35. Bristow Group has a 52-week low of $25.11 and a 52-week high of $49.55.

Bristow Group (NYSE:VTOLGet Free Report) last issued its earnings results on Wednesday, February 25th. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.15. The business had revenue of $377.26 million during the quarter, compared to the consensus estimate of $380.33 million. Bristow Group had a return on equity of 12.87% and a net margin of 8.66%.

About Bristow Group

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Bristow Group Inc is a global provider of helicopter services to the offshore energy industry and search-and-rescue (SAR) operations worldwide. The company specializes in the safe and efficient transport of personnel, equipment and supplies to offshore oil and gas platforms, as well as emergency response and medevac services. Bristow’s operations support exploration, production and decommissioning activities, helping energy companies maintain continuity of production in some of the world’s most challenging environments.

The company maintains a diverse fleet of turbine-powered helicopters, including medium- and heavy-lift aircraft such as the Sikorsky S-92, Airbus H225 (formerly EC225) and Leonardo AW189.

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