Frank’s International N.V. Announces Second Quarter 2016 Results

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Frank's International (FI) Lowers Quarterly Dividend 50% to $0.075; 2% Yield

July 28, 2016 9:21 AM EDT

Frank's International (NYSE: FI) declared a quarterly dividend of $0.075 per share, or $0.3 annualized. This is a 50% decrease from the prior dividend of $0.15.

The dividend will be payable on September 16, 2016, to stockholders of record on August 31, 2016, with an ex-dividend date of August 29,... More

Frank's International (FI) Misses Q2 EPS by 13c, Reduces Dividend

July 28, 2016 9:20 AM EDT

Frank's International (NYSE: FI) reported Q2 EPS of ($0.14), $0.13 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $120.9 million versus the consensus estimate of $140 million.

Dividends

On July 22, 2016, the Board of Managing Directors of the Company (the Management Board), with the... More