Avance Gas Holding Ltd Announces Q2 2024 Dividend Details
Key Information on Avance Gas Holding Ltd's Dividend
Avance Gas Holding Ltd has announced essential details regarding its dividend for the second quarter of 2024. The dividend reflects the company’s commitment to returning value to its shareholders while maintaining its strong operational performance in the liquefied petroleum gas (LPG) transportation sector.
Dividend Amount and Currency
The declared dividend amount for this quarter is set at $1.35. This reflects the company's ongoing efforts to deliver consistent returns to its investors amidst a dynamic market environment. The dividend will be paid in USD, making it accessible to a broad range of international investors.
Important Dates for Shareholders
Several critical dates are associated with the dividend distribution for shareholders to be aware of:
Last Day Including Right
The last day to be eligible for the dividend, also known as the "last day including right," is September 9, 2024. Shareholders must hold their shares until this date to qualify for the upcoming dividend.
Ex-Date
The ex-date is scheduled for September 10, 2024. From this date onward, the shares will be traded without the right to receive the declared dividend, so it's crucial for shareholders to be mindful of this timing.
Record Date
The record date is set for September 11, 2024. This is the date on which Avance Gas Holding Ltd will determine which shareholders are eligible to receive the dividend payment.
Payment Date
The dividend payment is expected to be made on September 18, 2024. Eligible shareholders should ensure their banking details are updated to receive the payment timely.
Company Overview
Avance Gas operates in the global market for the transportation of liquefied petroleum gas (LPG). The company is renowned as one of the leading owners and operators of very large gas carriers (VLGCs). Currently, Avance Gas boasts a fleet of sixteen LPG ships, including twelve VLGCs that are actively operating on water, along with four dual fuel MGCs slated for delivery in 2025 and 2026. This strategic positioning allows the company to effectively meet the increasing global demand for LPG transportation.
Contact Information
For further inquiries regarding the dividend announcement or other company matters, interested parties can connect with Randi Navdal Bekkelund, CFO of Avance Gas. She can be reached via email at IR@avancegas.com or by telephone at +47 23 11 40 00.
Frequently Asked Questions
What is the dividend amount announced by Avance Gas Holding Ltd?
The dividend amount announced is $1.35 per share.
When is the last day to qualify for the dividend?
The last day to qualify for the dividend is September 9, 2024.
What is the ex-date for the dividend?
The ex-date is September 10, 2024.
When will the dividend be paid?
The payment date for the dividend is September 18, 2024.
How can I contact Avance Gas for more information?
For more information, you can contact Randi Navdal Bekkelund at IR@avancegas.com or call +47 23 11 40 00.
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