Borr Drilling Limited - Dividend declaration and key information relating to the cash distribution for the fourth quarter 2024

Borr Drilling (NYSE: BORR) has announced a cash distribution of $0.02 per share for the fourth quarter of 2024.

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Rhea-AI Summary

Borr Drilling (NYSE: BORR) has announced a cash distribution of $0.02 per share for the fourth quarter of 2024. The distribution was approved by the Company's Board of Directors and will be paid to shareholders of record on March 3, 2025. For NYSE-traded shares, the ex-date is March 3, 2025, with payment expected around March 19, 2025.

For shareholders registered in Euronext VPS (Norwegian Central Security Depository), the ex-date is set for February 28, 2025, with payment expected around March 24, 2025.

Positive

Declared quarterly dividend of $0.02 per share
Maintains consistent shareholder return policy

Negative

None.

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02/19/2025 - 04:33 PM EST

HAMILTON, Bermuda, Feb. 19, 2025 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) today announces that the Company's Board of Directors has approved a cash distribution of paid-in capital of US$0.02 per share for the fourth quarter of 2024 to shareholders of record on March 3, 2025.

For the shares traded on NYSE, the ex-date is March 3, 2025, and payment date will be on or about March 19, 2025.

For shareholders registered in Euronext VPS, the Norwegian Central Security Depository, the ex-date will be February 28, 2025 and payment date is expected to be on or about March 24, 2025.

CONTACT:

Questions should be directed to: Magnus Vaaler, CFO, +44 1224 289208

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/borr-drilling-limited/r/borr-drilling-limited---dividend-declaration-and-key-information-relating-to-the-cash-distribution-f,c4108067

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SOURCE Borr Drilling Limited

FAQ

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What is the dividend amount for Borr Drilling (BORR) in Q4 2024?

Borr Drilling (BORR) declared a cash distribution of $0.02 per share for the fourth quarter of 2024.

When is the ex-dividend date for BORR shares traded on NYSE?

The ex-dividend date for BORR shares traded on NYSE is March 3, 2025.

What is the payment date for BORR's Q4 2024 dividend on NYSE?

The payment date for NYSE-traded shares is expected to be on or about March 19, 2025.

When will Euronext VPS shareholders receive BORR's Q4 2024 dividend?

Shareholders registered in Euronext VPS are expected to receive the dividend payment on or about March 24, 2025.

What is the record date for BORR's Q4 2024 dividend?

The record date for Borr Drilling's Q4 2024 dividend is March 3, 2025.

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Borr Drilling Limited - Dividend declaration and key information relating to the cash distribution for the fourth quarter 2024