Bristow Group reduces quarterly dividend

Bristow Group Inc. (NYSE: BRS), a provider of helicopter services to the offshore energy industry, said its board of directors approved a USD0.07 per share quarterly dividend, which compares to USD0.34 per share in the prior quarter.

The dividend will be payable on March 15, 2016 to stockholders of record at the close of business on March 1, 2016.

There were 34,951,725 shares of Bristow´s common stock issued and outstanding as of February 4, 2016.

Bristow Group has major transportation operations in the North Sea, Nigeria and the US Gulf of Mexico, and in most of the other major offshore oil and gas producing regions of the world, including Australia, Brazil, Canada, Russia and Trinidad.