Okeanis Eco Tankers Declares Dividend for Q4 2024
Okeanis Eco Tankers Declares Significant Dividend
Okeanis Eco Tankers Corp. is excited to announce its upcoming dividend for the fourth quarter of 2024. This announcement highlights the company's continued commitment to providing value to its shareholders. As per the company’s announcement, shareholders are set to receive a dividend of USD 0.35 per common share, a move that underscores the company's strong performance and stability within a competitive market.
Details of the Dividend Announcement
The announcement was made on a notable date in late February, drawing attention from both market analysts and investors alike. From this period, shares will begin to trade without the entitlement to the dividend on the Oslo Stock Exchange and the following week on the New York Stock Exchange. This timing is crucial for investors looking to secure their dividends.
Company Contact Information
For further inquiries regarding the dividend or any other investor relations, stakeholders can reach out directly to the company. Iraklis Sbarounis, CFO, can be contacted at +30 210 480 4200 or via email at ir@okeanisecotankers.com. Additionally, Nicolas Bornozis, President of Capital Link, Inc., is available for media inquiries at +1 (212) 661-7566, with corresponding email okeanisecotankers@capitallink.com.
Overview of Okeanis Eco Tankers Corp.
Okeanis Eco Tankers Corp. stands out as a prominent player in the seaborne transportation industry. Specializing in the transportation of crude oil and refined products, the company has established a reputation for reliability and excellence in service. Incorporated in 2018 under the laws of the Republic of the Marshall Islands, OET’s presence on both the Oslo Børs and New York Stock Exchange reflects its international reach.
Fleet and Capabilities
The tanker fleet of Okeanis Eco Tankers is impressive, comprising six modern scrubber-fitted Suezmax tankers alongside eight advanced scrubber-fitted VLCC tankers. This modern fleet not only meets the stringent environmental standards but also ensures optimal efficiency in operations—a crucial factor in today’s eco-conscious industry landscape.
Market Position and Future Outlook
Okeanis Eco Tankers transverses a dynamic market characterized by fluctuating demand and supply conditions. The company’s operational model is built to adapt quickly to market changes, ensuring continuous performance despite challenges. Investors eagerly monitor these developments, especially in light of the expected effects of global factors influencing shipping and oil markets.
Understanding the Ex-Dividend Date
The ex-dividend date is pivotal for investors. Understanding its implications is essential for those wishing to benefit from dividends. Simply put, to receive the dividend declared by Okeanis Eco Tankers, investors must own the stock prior to the ex-dividend date. This will influence trading strategies and investment decisions moving forward.
Frequently Asked Questions
What is the dividend amount declared by Okeanis Eco Tankers?
The dividend amount declared is USD 0.35 per common share. This is a reflection of the company’s strong financial performance.
When will the dividend be applied to shares?
The shares will trade ex-dividend on the Oslo Stock Exchange starting on February 28, and on the New York Stock Exchange starting March 3.
How can I contact Okeanis Eco Tankers for more information?
Interested parties can contact Iraklis Sbarounis at +30 210 480 4200 or via email at ir@okeanisecotankers.com for further inquiries.
What role does the fleet size play in Okeanis Eco Tankers’ strategy?
The size and modern specifications of the fleet allow the company to meet industry demands efficiently, enhancing its competitive position in the market.
Why is the ex-dividend date important for investors?
The ex-dividend date determines who is entitled to receive the declared dividend, making it a critical factor for investors when considering their purchase timing.
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