Jefferies Cuts Price Target on Oceaneering (OII) to $27; Reiterates Hold

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Oceaneering (OII) Misses Q2 EPS by 1c

July 21, 2016 5:05 PM EDT

Oceaneering (NYSE: OII) reported Q2 EPS of $0.27, $0.01 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $625.5 million versus the consensus estimate of $604.16 million.

For earnings history and earnings-related data on Oceaneering (OII) click here.

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Oceaneering (OII) Declares $0.27 Quarterly Dividend; 3.6% Yield

July 21, 2016 5:01 PM EDT

Oceaneering (NYSE: OII) declared a quarterly dividend of $0.27 per share, or $1.08 annualized.

The dividend will be payable on September 16, 2016, to stockholders of record on August 26, 2016, with an ex-dividend date of August 24, 2016.

The annual yield on the dividend is 3.6 percent.

For a dividend... More