Golden Ocean Group Announces Q1 2025 Dividend Details
Overview of Golden Ocean Group's Upcoming Dividend
Golden Ocean Group Limited is set to make important dividend payments in the first quarter of 2025. Shareholders should be aware of the details surrounding this anticipated dividend to ensure they can take full advantage of their holdings.
Dividend Amount and Currency
The company has announced a dividend amount of $0.05 per share. While the declared currency for the dividend is in USD, it's notable that those holding shares registered with Euronext VPS will receive their payments in Norwegian Krone (NOK).
Key Dates to Remember
To fully benefit from the dividend, shareholders need to be mindful of several key dates:
Last Day Including Right
The last day for shareholders to acquire the rights to the dividend is June 3, 2025. This means that any purchases made after this date will not entitle the buyer to receive the dividend.
Ex-Date and Record Date
The ex-date, which is the first day that the shares will trade without the dividend entitlement, falls on June 4, 2025. Additionally, the record date is June 5, 2025, which is the date on which the company will identify the shareholders eligible to receive the dividend payment.
Payment Dates and Processes
The anticipated payment date for the dividend is around June 17, 2025. However, for shareholders on the Euronext VPS platform, due to regulatory changes related to the Central Securities Depositories Regulation (CSDR) in Norway, the distribution of dividends is expected to occur around June 19, 2025.
Date of Approval
This dividend payment was formally approved on May 21, 2025, cementing the company's commitment to rewarding its shareholders.
Regulatory Compliances
This announcement is made in line with the necessary requirements of Continuing Obligations, ensuring transparency and compliance with financial reporting standards.
Frequently Asked Questions
What is the dividend amount for Q1 2025?
The announced dividend amount is $0.05 per share.
When is the last day to qualify for the dividend?
Shareholders have until June 3, 2025, to qualify for the dividend.
What is the ex-date for the dividend?
The ex-date is June 4, 2025.
When will the dividend be paid?
The dividend is expected to be paid on or around June 17, 2025.
Where will the dividend be paid in NOK?
Dividends payable to shares registered with Euronext VPS will be distributed in NOK.
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