Oceaneering International(OII) is having a Dividend Yield of 2.16% with the Annual cash Dividend per share of $0.96. The last quarter cash dividend per share pay out was $0.15. Oceaneering International has a 5 year average dividend yield of 1.94% and the stock has a Indicated annual dividend of $0.6. Oceaneering International(OII) formally announced its most recent dividend on February 9, 2017 with a Dividend per share of $0.15. The new indicated annual dividend based on announced dividend per share is $0.6. The dividend yield based on the forward looking indicated annual dividend is 2.16%. Oceaneering International(OII) has the most recent dividend payout ratio of 0.78 with a 5-year average payout ratio of 0.36. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.42. The 5 year historical dividend growth of Oceaneering International(OII) is at the rate of 8.66% while the R-Squared dividend growth is 0.33. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
Oceaneering International, Inc. (NYSE:OII) witnessed a decline in the market cap on Thursday as its shares dropped 1.12% or 0.31 points. After the session commenced at $27.78, the stock reached the higher end at $27.86 while it hit a low of $27.34. With the volume soaring to 899,285 shares, the last trade was called at $27.48. The company has a 52-week high of $36.92. The company has a market cap of $2,695 million and there are 98,065,073 shares in outstanding. The 52-week low of the share price is $22.47. Shares of Oceaneering International, Inc. appreciated by 3.08% during the last five trading days but lost 0.9% on a 4-week basis. Oceaneering International, Inc. is up 8.82% in the last 3-month period. Year-to-Date the stock performance stands at -2.59%.
Currently the company Insiders own 0.7% of Oceaneering International, Inc. shares according to the proxy statements. Institutional Investors own 99.96% of Oceaneering International, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -9.18%. Company has reported several Insider transactions to the SEC, on Nov 14, 2016, John R Kreider (SVP, Advanced Technologies) sold 3,501 shares at 23.74 per share price.On Jun 30, 2016, David K Lawrence (Sr. V.P., Gen.Counsel and Sec.) purchased 90 shares at 30.22 per share price.On Jun 29, 2016, Stephen P Barrett (Sr. V.P., Subsea Products) purchased 1,000 shares at 28.91 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Oceaneering International was Initiated by SunTrust to Hold on Jan 18, 2017. Company shares were Downgraded by RBC Capital Mkts on Dec 16, 2016 to Underperform, Raises Price Target to $ 34 from a previous price target of $26 .Oceaneering International was Downgraded by Seaport Global Securities on Dec 1, 2016 to Neutral, Lowers Price Target to $ 27 from a previous price target of $29 .
Oceaneering International Last issued its quarterly earnings results on Oct 27, 2016. The company reported $0.17 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.16. The company had revenue of $549.28 million for the quarter, compared to analysts expectations of $597.22 million. The companys revenue was down -26.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.70 EPS.
OCEANEERING INTERNATIONAL, INC. is an advanced applied technology company that provides engineered services and hardware to customers who operate in marine, space and other harsh environments. The company supplies a comprehensive range of integrated technical services to a wide array of industries and is one of the worlds largest underwater services contractors.