Core Laboratories N.V.(NYSE:CLB) Declares Dividend of $0.5500.

Core Laboratories N.V. (NYSE:CLB) had declared a cash dividend of $0.5500 on Apr 14, 2016. The shares will quote ex-dividend on May 2, 2016 and the record date has been fixed on May 4, 2016. At Apr 14, 2016 share price, the yield comes out to be 1.9523%. The dividend payable date has been fixed on May 24, 2016.

In a different note, On Mar 18, 2016, Citigroup said it Maintains its rating on Core Laboratories N.V.. In the research note, the firm Raises the price-target to $111.00 per share. The shares have been rated ‘Neutral’ by the firm. On Jan 26, 2016, HSBC said it Downgrades its rating on Core Laboratories N.V.. The shares have been rated ‘Reduce’ by the firm.

Core Laboratories N.V. (CLB) made into the market gainers list on Mondays trading session with the shares advancing 0.53% or 0.6 points. Due to strong positive momentum, the stock ended at $113.56, which is also near the day’s high of $114.48. The stock began the session at $110.15 and the volume stood at 4,26,272 shares. The 52-week high of the shares is $134.87 and the 52 week low is $84.503. The company has a current market capitalization of $4,812 M and it has 4,23,76,390 shares in outstanding.

Core Laboratories N.V.(CLB) last announced its earnings results on Jan 27, 2016 for Fiscal Year 2015 and Q4.Company reported revenue of $182.72M. Analysts had an estimated revenue of $180.30M. Earnings per share were $0.65. Analysts had estimated an EPS of $0.66.

Several Insider Transactions has been reported to the SEC. On Feb 3, 2016, Jan Willem Sodderland (director) purchased 300 shares at $93.90 per share price.Also, On May 13, 2015, Michael C Kearney (director) sold 1,000 shares at $128.52 per share price.On Feb 3, 2015, Kempen Margaret Ann Van (director) purchased 250 shares at $102.07 per share price, according to the Form-4 filing with the securities and exchange commission.

Core Laboratories N.V. (Core Lab) is a provider of proprietary and patented reservoir description production enhancement and reservoir management services to the oil and gas industry. These services and products are directed toward enabling its clients to improve reservoir performance and increase oil and gas recovery from their producing fields. The Company operates in three segments: Reservoir Description Production Enhancement and Reservoir Management. The Company provides analytical and field services to characterize properties of crude oil and petroleum products to the oil and gas industry.

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