Belships ASA Declares Special Dividend After Vessel Sale Success
Belships ASA Announces Extraordinary Dividend Payment
In a recent development, Belships ASA has successfully completed the sale of two debt-free supramax vessels, BELFRIEND and BELTIDE, bringing in an impressive USD 56.6 million from the sale. This notable achievement significantly bolsters the company's financial standing.
Impact of Vessel Sales on Financial Strategy
The completion of these sales has allowed the Board of Belships to declare an extraordinary dividend payment of NOK 1.00 per share, translating to a total payout of USD 24.1 million. This is a remarkable testament to the company's strong financial position and its proactive approach to rewarding shareholders.
Historical Context of Dividend Payments
Since the new dividend policy was announced in 2021, Belships has impressively increased its total dividend payments to USD 275 million, equating to NOK 10.85 per share. This showcases a consistent commitment to enhancing shareholder value and reflects the company’s robust earnings capacity.
Future Directions and Announcements
Belships ASA intends to share further key information regarding this extraordinary dividend payment through separate announcements, assuring transparency for its investors and stakeholders.
Engagement with Stakeholders
To ensure clear communication, Lars Christian Skarsgård, the CEO of Belships, is available for any inquiries. Stakeholders can reach out via phone for direct engagement or through email to discuss any concerns or clarifications regarding the company’s financial strategies and future outlook.
Market Performance and Investor Sentiment
The strong financial results showcased by Belships ASA, alongside their strategic vessel sales, indicate a positive sentiment in the maritime industry. This performance not only encourages investor confidence but also positions the company favorably in a competitive market.
Frequently Asked Questions
What dividend amount has been declared by Belships ASA?
Belships ASA has declared an extraordinary dividend payment of NOK 1.00 per share.
How much was received from the recent vessel sales?
The recent sale of the vessels generated USD 56.6 million in proceeds.
What has been the total dividend distribution since 2021?
Since 2021, Belships has distributed a total of USD 275 million to its shareholders.
Who can I contact for more information regarding Belships ASA?
You can contact Lars Christian Skarsgård, CEO of Belships, for detailed inquiries.
What are the stock tickers for Belships ASA?
The stock tickers for Belships ASA are Oslo:BEL and Oslo:BEL01.
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