Nabors Industries Ltd. ( NBR ) will begin trading ex-dividend on December 12, 2018. A cash dividend payment of $0.06 per share is scheduled to be paid on January 03, 2019. Shareholders who purchased NBR prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 17th quarter that NBR has paid the same dividend. At the current stock price of $2.77, the dividend yield is 8.66%.
The previous trading day's last sale of NBR was $2.77, representing a -68.75% decrease from the 52 week high of $8.87 and a 0.73% increase over the 52 week low of $2.75.
NBR is a part of the Energy sector, which includes companies such as Total S.A. ( TOT ) and PetroChina Company Limited ( PTR ). NBR's current earnings per share, an indicator of a company's profitability, is -$1.82. Zacks Investment Research reports NBR's forecasted earnings growth in 2018 as 25.36%, compared to an industry average of 7.2%.
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