Bristow Group (BRS) Suspends Quarterly Dividend

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Bristow Group Reports First Quarter Fiscal Year 2018 Results

August 3, 2017 4:52 PM EDT

HOUSTON, Aug. 3, 2017 /PRNewswire/ -- Bristow Group Inc. (NYSE: BRS) today reported the following results for the three months ended June 30, 2017. All amounts shown are dollar amounts in thousands unless otherwise noted:

Three Months EndedJune 30,

2017

2016

% Change

Operating revenue

... More

Bristow Group Announces Suspension Of Quarterly Dividend

August 3, 2017 4:15 PM EDT

HOUSTON, Aug. 3, 2017 /PRNewswire/ -- Bristow Group Inc. (NYSE: BRS) announced today that its Board of Directors has suspended its quarterly dividend of $0.07 per share, which will preserve approximately $10 million on an annualized basis. 

"Our Board recognizes that our dividend was an important part of a balanced return to shareholders.... More