Core Laboratories Inc. (NYSE:CLB) Announces Quarterly Dividend of $0.01

Core Laboratories Inc. (NYSE:CLB) declared a quarterly dividend on Wednesday, April 29th. Shareholders of record on Monday, May 11th will be paid a dividend of 0.01 per share by the oil and gas company on Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Monday, May 11th.

Core Laboratories has decreased its dividend payment by an average of 0.3%annually over the last three years. Core Laboratories has a payout ratio of 4.7% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Core Laboratories to earn $0.83 per share next year, which means the company should continue to be able to cover its $0.04 annual dividend with an expected future payout ratio of 4.8%.

Core Laboratories Trading Down 14.4%

NYSE:CLB opened at $14.82 on Thursday. The stock has a market cap of $682.32 million, a price-to-earnings ratio of 22.01, a PEG ratio of 3.25 and a beta of 1.15. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.51 and a current ratio of 2.02. Core Laboratories has a 1 year low of $9.72 and a 1 year high of $20.36. The business has a fifty day moving average of $16.74 and a 200-day moving average of $16.69.

Core Laboratories (NYSE:CLB) last issued its quarterly earnings data on Wednesday, April 29th. The oil and gas company reported $0.06 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.06. The business had revenue of $121.80 million for the quarter, compared to analysts’ expectations of $125.35 million. Core Laboratories had a net margin of 6.04% and a return on equity of 12.18%. The company’s revenue was down 1.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.14 earnings per share. Core Laboratories has set its Q2 2026 guidance at 0.060-0.120 EPS. Equities analysts predict that Core Laboratories will post 0.57 earnings per share for the current year.

About Core Laboratories

Core Laboratories N.V. is a global provider of proprietary and patented reservoir description and production enhancement services to the oil and gas industry. The company applies specialized expertise in core and fluid analysis, advanced petrophysical interpretation, and reservoir engineering to optimize hydrocarbon recovery. By integrating laboratory testing with field services and digital analytics, Core Laboratories delivers insights that help operators maximize production and extend the life of their assets.

The company’s portfolio spans two primary service lines: reservoir description and production enhancement.