TechnipFMC Declares Quarterly Dividend

Rhea-AI Summary

TechnipFMC plc (NYSE: FTI) has announced a quarterly cash dividend of $0.05 per share. The dividend will be payable on September 4, 2024 to shareholders of record as of the close of business on the New York Stock Exchange on August 20, 2024. The ex-dividend date is also set for August 20, 2024. This announcement demonstrates TechnipFMC's commitment to providing regular returns to its shareholders, maintaining its dividend policy despite challenging market conditions in the energy sector.

Positive

• Consistent quarterly dividend payout of $0.05 per share
• Demonstrates company's ability to maintain shareholder returns

Negative

• None.

NEWCASTLE & HOUSTON--(BUSINESS WIRE)-- TechnipFMC plc (NYSE: FTI) today announced that its Board of Directors has authorized and declared a quarterly cash dividend of $0.05 per share, payable on September 4, 2024 to shareholders of record as of the close of business on the New York Stock Exchange on August 20, 2024. The ex-dividend date is August 20, 2024.

Important Information for Investors and Securityholders

Forward-Looking Statement

This release contains "forward-looking statements" regarding our future dividend payment obligations 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. Such forward-looking statements are not guarantees of future performance or actions, and involve significant risks, including risks included in our risk factors set forth in our filings with the United States Securities and Exchange Commission, which include our latest Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. We caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law.

About TechnipFMC

TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services.

With our proprietary technologies and comprehensive solutions, we are transforming our clients’ project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions.

Organized in two business segments — Subsea and Surface Technologies — we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI™, iFEED™ and iComplete™), technology leadership and digital innovation.

Each of our approximately 21,000 employees is driven by a commitment to our clients’ success, and a culture of strong execution, purposeful innovation, and challenging industry conventions.

TechnipFMC uses its website as a channel of distribution of material company information. To learn more about how we are driving change in the industry, go to www.TechnipFMC.com and follow us on X (formerly Twitter) @TechnipFMC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240723714444/en/

Investor relations

Matt Seinsheimer

Senior Vice President, Investor Relations and Corporate Development

Tel: +1 281 260 3665

Email: Matt Seinsheimer

James Davis

Director, Investor Relations

Tel: +1 281 260 3665

Email: James Davis

Media relations

David Willis

Senior Manager, Public Relations

Tel: +44 7841 492988

Email: David Willis

Source: TechnipFMC plc

FAQ

What is the dividend amount for TechnipFMC (FTI) in Q3 2024?

TechnipFMC (FTI) has declared a quarterly cash dividend of $0.05 per share for Q3 2024.

When is the ex-dividend date for TechnipFMC's (FTI) Q3 2024 dividend?

The ex-dividend date for TechnipFMC's (FTI) Q3 2024 dividend is August 20, 2024.

What is the payment date for TechnipFMC's (FTI) latest dividend?

The payment date for TechnipFMC's (FTI) latest dividend is September 4, 2024.

Who is eligible for TechnipFMC's (FTI) Q3 2024 dividend?

Shareholders of record as of the close of business on the New York Stock Exchange on August 20, 2024, are eligible for TechnipFMC's (FTI) Q3 2024 dividend.