Bristow Group (BRS) Lowers Quarterly Dividend 79.4% to $0.07; 1.5% Yield

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Go back to Bristow Group (BRS) Lowers Quarterly Dividend 79.4% to $0.07; 1.5% Yield

Bristow Group Announces Quarterly Dividend Reduction

February 8, 2016 4:56 PM EST

HOUSTON, Feb. 8, 2016 /PRNewswire/ -- Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, announced today that its Board of Directors approved a $0.07 per share quarterly dividend, which compares to $0.34 per share in the prior quarter.

The dividend will be payable on March 15, 2016 to stockholders of record at the close of business on March 1, 2016 (the "Record Date").  There were 34,951,725 shares of Bristow's common stock issued and outstanding as of February 4, 2016.

Jonathan E. Baliff, President and Chief Executive Officer of Bristow... More