CGG SA Declares Special Dividend of $1.14 (CGG)

CGG SA (NYSE:CGG) announced a special dividend on Wednesday, January 31st, Wall Street Journal reports. Investors of record on Friday, February 9th will be paid a dividend of 1.1408 per share by the oil and gas company on Friday, February 16th. This represents a dividend yield of 20.7%. The ex-dividend date of this dividend is Thursday, February 8th.

Shares of CGG (NYSE:CGG) traded up $0.99 during mid-day trading on Monday, hitting $5.40. The company had a trading volume of 279,652 shares, compared to its average volume of 38,267. The company has a current ratio of 0.38, a quick ratio of 0.30 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $362.17, a PE ratio of -0.41 and a beta of 2.69. CGG has a fifty-two week low of $3.26 and a fifty-two week high of $10.51.

CGG (NYSE:CGG) last issued its quarterly earnings results on Monday, November 13th. The oil and gas company reported ($5.64) earnings per share (EPS) for the quarter. The company had revenue of $320.10 million during the quarter. CGG had a negative net margin of 57.48% and a negative return on equity of 80.57%.

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CGG Company Profile

CGG SA (CGG) is a manufacturer of geophysical equipment. The Company provides marine, land and airborne data acquisition services, as well as a range of other geoscience services, including data imaging, geoscience and petroleum engineering consulting services, and collecting, developing and licensing geological data.

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