The dividend payment, equivalent to approximately NOK 2.05, follows a strict timeline for shareholders. Investors must hold the stock through September 2 to qualify for the payout. The shares will trade ex-dividend starting September 3, with the record date set for September 4. The company expects to finalize payments by September 11.
In section Releases
Paratus Energy Sets Dividend Payout at $0.22 Per Share
Paratus Energy Services Ltd. has authorized a cash dividend of $0.22 per share for the second quarter of 2026. The board approved the distribution on August 27, marking a return for investors in the Hamilton-based holding company, which currently maintains a significant joint venture presence in the Brazilian subsea services market.
For shareholders whose interests are held outside the Euronext Securities Oslo/VPS system, the distribution process will be managed manually. Paratus, which operates through its 50% stake in the subsea contractor Seagems, continues to focus its fleet of six multi-purpose pipe-laying support vessels on ongoing contracts in Brazil. CFO and Interim CEO Baton Haxhimehmedi is overseeing the execution of this distribution, which complies with disclosure requirements under the Norwegian Securities Trading Act.
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