Borr Drilling Limited to Issue Dividend of $0.10 (NYSE:BORR)

Borr Drilling Limited (NYSE:BORR) announced a dividend on Saturday, August 17th, investing.com reports. Investors of record on Friday, August 23rd will be given a dividend of 0.10 per share on Friday, September 6th. This represents a yield of 4.49%. The ex-dividend date of this dividend is Thursday, August 22nd.

Borr Drilling Price Performance

Shares of NYSE:BORR opened at $6.25 on Monday. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.60 and a current ratio of 1.60. The business’s fifty day moving average price is $6.41 and its two-hundred day moving average price is $6.26. The stock has a market cap of $953.13 million, a PE ratio of 36.76 and a beta of 3.07. Borr Drilling has a one year low of $5.19 and a one year high of $8.05.

Borr Drilling (NYSE:BORR) last posted its quarterly earnings data on Thursday, May 23rd. The company reported $0.06 EPS for the quarter. The business had revenue of $234.00 million for the quarter. Borr Drilling had a return on equity of 4.62% and a net margin of 5.27%.

About Borr Drilling

Borr Drilling Limited operates as an offshore shallow-water drilling contractor to the oil and gas industry worldwide. The company owns, contracts, and operates jack-up drilling rigs for operations in shallow-water areas, including the provision of related equipment and work crews to conduct oil and gas drilling and workover operations for exploration and production.