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The latest update is out from Subsea 7 ( (GB:0OGK) ).
Subsea 7 S.A. has proposed a total cash dividend of NOK 13.00 per share, equivalent to about $400 million, to be distributed in May 2026. The payout combines an annual dividend of roughly $350 million, subject to shareholder approval at the 12 May 2026 AGM, and an interim dividend of about $50 million already approved by the Board and to be ratified at the same meeting.
Key dates for shareholders include a last trading day with dividend rights on 19 May 2026 for common shares and 20 May 2026 for ADRs, ex-dividend dates on 20 and 21 May 2026 respectively, a record date of 21 May 2026, and a payment date set for 28 May 2026. The sizeable cash return underlines Subsea 7’s confidence in its financial position and cash generation, offering a tangible benefit to investors while signalling stability in its offshore energy services business.
The most recent analyst rating on (GB:0OGK) stock is a Buy with a NOK355.00 price target. To see the full list of analyst forecasts on Subsea 7 stock, see the GB:0OGK Stock Forecast page.
More about Subsea 7
Subsea 7 S.A. is a global provider of offshore projects and services to the energy industry, focusing on efficient and sustainable subsea solutions for oil, gas and evolving energy markets. The company is listed on the Oslo Børs under the ticker SUBC and positions itself as a key partner and employer of choice in the offshore energy value chain.
Average Trading Volume: 353,981
Current Market Cap: NOK76.19B
Find detailed analytics on 0OGK stock on TipRanks’ Stock Analysis page.