CMB.TECH nv (NYSE:CMBT – Get Free Report) declared a special dividend on Thursday, August 27th. Investors of record on Friday, October 16th will be paid a dividend of $0.43 per share on Thursday, October 22nd. The ex-dividend date is Friday, October 16th.
CMB.TECH has decreased its dividend payment by an average of 0.5% annually over the last three years.
CMB.TECH Trading Down 0.7%
NYSE CMBT opened at $20.77 on Wednesday. The company has a market capitalization of $4.14 billion, a PE ratio of 7.14 and a beta of 0.23. The company has a fifty day moving average of $18.72 and a 200 day moving average of $16.06. CMB.TECH has a 1 year low of $8.95 and a 1 year high of $21.19. The company has a debt-to-equity ratio of 1.56, a current ratio of 1.12 and a quick ratio of 0.97.
Hedge Funds Weigh In On CMB.TECH
Institutional investors have recently made changes to their positions in the company. Valley Wealth Managers Inc. acquired a new stake in CMB.TECH in the first quarter valued at approximately $33,000. Caitong International Asset Management Co. Ltd purchased a new stake in CMB.TECH in the 4th quarter worth $29,000. Integrated Wealth Concepts LLC acquired a new position in CMB.TECH during the second quarter worth $46,000. Optiver Holding B.V. raised its position in CMB.TECH by 145.7% during the first quarter. Optiver Holding B.V. now owns 12,473 shares of the company’s stock worth $158,000 after acquiring an additional 7,397 shares during the period. Finally, Everstar Asset Management LLC purchased a new position in CMB.TECH during the first quarter valued at $191,000.
CMB.TECH Company Profile
CMB.TECH is a diversified maritime and cleantech company headquartered in Antwerp, Belgium. The company develops, owns and operates commercial vessels and is focused on reducing emissions in shipping through the use of alternative fuels and related technologies, including hydrogen and ammonia.
Its maritime activities include dry bulk carriers, container ships, chemical tankers, offshore wind service vessels and other specialized vessels. CMB.TECH also provides hydrogen and ammonia fuel solutions, including the development of dual-fuel vessels, fuel infrastructure and related applications for the maritime, industrial and transportation sectors.
The company serves international customers and operates across global shipping markets.
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