Key Information on Avance Gas Holding Ltd's Dividend
Avance Gas Holding Ltd has shared important details regarding its dividend for the second quarter of 2024. This dividend underscores the company’s dedication to providing value to its shareholders while showcasing its robust operational performance in the liquefied petroleum gas (LPG) transportation industry.
Dividend Amount and Currency
The announced dividend for this quarter is set at $1.35 per share. This amount demonstrates the company's ongoing commitment to delivering reliable returns to its investors, even in a fluctuating market environment. The dividend will be paid in USD, making it accessible for a wide range of international investors.
Important Dates for Shareholders
Shareholders should take note of several key dates related to the dividend distribution:
Last Day Including Right
The last day to be eligible for the dividend, known as the "last day including right," is September 9, 2024. Shareholders must retain their shares until this date to qualify for the upcoming dividend.
Ex-Date
The ex-date is set for September 10, 2024. Starting from this date, the shares will trade without the entitlement to receive the declared dividend, so it’s important for shareholders to be aware of this timing.
Record Date
The record date is scheduled for September 11, 2024. On this date, Avance Gas Holding Ltd will identify which shareholders are eligible for the dividend payment.
Payment Date
The dividend payment is anticipated to occur on September 18, 2024. Eligible shareholders should ensure their banking information is current to receive the payment without delay.
Company Overview
Avance Gas is a key player in the global liquefied petroleum gas (LPG) transportation market. The company is recognized as one of the foremost owners and operators of very large gas carriers (VLGCs). Currently, Avance Gas operates a fleet of sixteen LPG vessels, which includes twelve VLGCs actively in service, as well as four dual fuel MGCs scheduled for delivery in 2025 and 2026. This strategic positioning enables the company to effectively cater to the growing global demand for LPG transportation.
Contact Information
For any inquiries regarding the dividend announcement or other company-related matters, interested individuals can reach out to Randi Navdal Bekkelund, CFO of Avance Gas. She is available via email at IR@avancegas.com or by phone at +47 23 11 40 00.
Frequently Asked Questions
What is the dividend amount announced by Avance Gas Holding Ltd?
The announced dividend amount 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.
