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Hafnia Limited Announces Third Quarter Dividend Details

Hafnia Limited Announces Third Quarter Dividend Details

Key Information on Hafnia Limited's Third Quarter Dividend

Hafnia Limited, a standout name in the shipping industry, has recently disclosed important information concerning its dividend for the third quarter of 2024. The news follows an announcement that the Company made regarding its financial performance and upcoming dividend payments. This announcement underscores Hafnia’s commitment to providing value to its shareholders.

Dividend Details for Q3 2024

The cash dividend announced for the third quarter is a significant component of Hafnia's ongoing strategy to reward its shareholders. Below are the key details associated with this dividend:

Approval and Record Dates

The dividend was approved on November 27, 2024. This date is crucial as it marks the Company’s recognition of the dividend distribution following their performance assessment. Shareholders should take note that the record date for this dividend is set for December 6, 2024.

Dividend Amount and Currency

Hafnia Limited has declared a dividend amount of 0.3790 per share. The declared currency for this dividend is USD, reflecting the global nature of Hafnia's operations and its commitment to maintaining a consistent strategy in financial management. For shares recorded on the Euronext VPS, distributions will be made in NOK, showcasing the Company’s dedication to accommodating its shareholders’ diverse geographic backgrounds.

Trading Information for Shareholders

Understanding the trading specifics is vital for shareholders who wish to participate in the dividend. Here’s a breakdown of the trading information for shares registered in the Euronext VPS Oslo Stock Exchange:

Last Trading Day and Ex-Dates

The last trading day to secure the entitlement to dividends is December 4, 2024, while the ex-date, marking when shares begin trading without the entitlement to the declared dividend, is set for December 5, 2024.

Payment Date for Dividends

For those eligible, the payment date for the dividend is stated to be on or about December 17, 2024. Shareholders should make arrangements accordingly to ensure they receive their dividends timely.

Depository Trust Company Information

For shares registered with the Depository Trust Company, the last trading day including the right to dividends is December 5, 2024. The ex-date for these shares is December 6, 2024, similar to the Euronext VPS, which is crucial for international investors looking to manage their portfolios effectively.

Payment Schedule for DTC Shares

The payment date for dividends specified for shares in the Depository Trust Company (DTC) is approximately December 12, 2024. This aligns with Hafnia Limited's streamlined operational practices aimed at providing transparency and efficiency to its investors.

About Hafnia Limited

Hafnia is renowned as one of the world’s leading tanker owners, with its operations significantly impacting the transportation of oil, oil products, and chemicals across the globe. The Company caters to numerous major national and international oil companies, chemical producers, and utility companies.

With a robust fleet of around 200 vessels, Hafnia provides a comprehensive shipping platform. This includes technical management, commercial chartering services, and an extensive pool management system. Additionally, Hafnia boasts a large-scale bunker procurement desk that further enhances its operational capabilities.

Founded over eight decades ago, Hafnia operates globally, with offices in major cities including Singapore, Copenhagen, Houston, and Dubai. The Company employs more than 4000 individuals, reflecting its significance in the shipping sector. Being part of BW Group, Hafnia continues to lead in oil and gas transportation and environmental technologies.

Frequently Asked Questions

What is the amount of the dividend declared by Hafnia Limited?

The declared dividend amount is 0.3790 per share.

When was the dividend approved?

The dividend was approved on November 27, 2024.

What is the ex-date for shares on the Euronext VPS?

The ex-date for Euronext VPS shares is December 5, 2024.

When will the dividend be paid?

The payment date for the dividend is on or about December 17, 2024.

How many vessels does Hafnia operate?

Hafnia operates around 200 vessels as part of its shipping operations.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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