Royal Boskalis Westminster N.V. (BOKA)

Boskalis (full title is Royal Boskalis Westminster) is an international dredging group operating in four segments: Dredging and Earthmoving, Research and Development, Maritime Infrastructure, Maritime and Terminal Services. Its activities include the construction and maintenance of ports and waterways, land reclamation, costal defence and riverbank protection. The Company’s main clients are national, regional and local governments, port operators, international project developers, oil companies, mining companies and other contractors.

Boskalis have consistently paid a dividend for over 5 years, despite minimal increases since the global recession in 2009. Analysts are not expecting futher increases in the coming years.

Note: 2006 & 2007 dividends values have been adjusted for a 3:1 stock split.