Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest announcement is out from Odfjell Drilling Ltd. ( (DE:OD3) ).
Odfjell Drilling Ltd. has declared a cash dividend of USD 0.25 per share for the first quarter of 2026, corresponding to a total payout of USD 60 million to its shareholders. The dividend will be paid in Norwegian kroner, with the final NOK amount per share set according to Norges Bank’s exchange rate on the last trading day including dividend rights.
The company has scheduled 26 May 2026 as the last day of trading including dividend rights, with shares trading ex-dividend from 27 May, a record date of 28 May and payment on 9 June 2026, following board approval on 11 May. The decision underscores Odfjell Drilling’s ongoing capital distribution to investors and signals confidence in its financial position within the offshore drilling sector.
The most recent analyst rating on (DE:OD3) stock is a Hold with a NOK121.00 price target. To see the full list of analyst forecasts on Odfjell Drilling Ltd. stock, see the DE:OD3 Stock Forecast page.
More about Odfjell Drilling Ltd.
Odfjell Drilling Ltd. is an offshore drilling and well services company listed on the Oslo Stock Exchange, operating drilling rigs and related services for the oil and gas industry. The group focuses on providing offshore drilling operations primarily in the North Sea and other international markets, serving major energy companies with high-specification rigs and technical expertise.
Average Trading Volume: 410,202
Current Market Cap: NOK23.69B
Find detailed analytics on OD3 stock on TipRanks’ Stock Analysis page.