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Stock impact report

TechnipFMC Announces Revised Dividend Policy

TechnipFMC plc Ordinary Share (FTI) 
Last technipfmc plc ordinary share earnings: 4/22 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.technipfmc.com
Company Research Source: Business Wire
LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News:TechnipFMC plc (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) announced today that the Company’s Board of Directors revised its dividend policy to $0.13 per share on an annualized basis due to the sharp decline in commodity pricing and the impact of COVID-19.The Company made a dividend payment of $0.13 per share in April 2020, which fulfills this annual dividend for 2020. The Company is taking this action to further strengthen the balance sheet and preserve liquidity.The Company intends to pay its 2021 dividend in quarterly installments beginning in April 2021.Important Information for Investors and SecurityholdersForward-looking statementsThis communication contains “forward-looking statements” as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Words such as “intend” and similar expressions are intended to identif Show less Read more
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