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Okeanis Eco Tankers Corp. – Ex dividend USD 1.10 per common share today

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dividends
Rhea-AI Summary

Okeanis Eco Tankers Corp. (NYSE: ECO / OSE: OET), a prominent player in the tanker shipping industry, has announced that its shares will trade ex-dividend at USD 1.10 per common share. The ex-dividend date is June 4, 2024, on the Oslo Stock Exchange and June 5, 2024, on the New York Stock Exchange.

This follows the company's Q1 2024 dividend announcement on May 16, 2024. Shareholders who purchase the stock before these dates will qualify for the dividend payout. This move underlines Okeanis Eco Tankers' commitment to returning value to its investors.

Positive
  • Ex-dividend of USD 1.10 per share indicates strong revenue generation.
  • Ex-dividend date on both Oslo and New York Stock Exchanges enhances liquidity.
  • Dividend payout reflects the company's commitment to rewarding shareholders.
Negative
  • Dividend payouts might impact the company's cash reserves.
  • Traders purchasing the stock post ex-dividend dates will not qualify for the dividend.

ATHENS, Greece, June 04, 2024 (GLOBE NEWSWIRE) -- Reference is made to the key information relating to Q1 2024 dividend announced by Okeanis Eco Tankers Corp. ("OET" or the "Company") (NYSE: ECO / OSE: OET) on May 16, 2024. The Company's shares will be traded ex dividend USD 1.10 per common share on the Oslo Stock Exchange from today, June 4, 2024 and on the New York Stock Exchange from tomorrow, June 5, 2024.

Contacts

Company:
Iraklis Sbarounis, CFO
Tel: +30 210 480 4200
ir@okeanisecotankers.com

Investor Relations / Media Contact:
Nicolas Bornozis, President
Capital Link, Inc.
230 Park Avenue, Suite 1540, New York, N.Y. 10169
Tel: +1 (212) 661-7566
okeanisecotankers@capitallink.com

About OET

OET is a leading international tanker company providing seaborne transportation of crude oil and refined products. The Company was incorporated on April 30, 2018 under the laws of the Republic of the Marshall Islands and is listed on Oslo Børs under the symbol OET and the New York Stock Exchange under the symbol ECO. The sailing fleet consists of six modern scrubber-fitted Suezmax tankers and eight modern scrubber-fitted VLCC tankers.

Forward-Looking Statements

This communication contains “forward-looking statements”, including as defined under U.S. federal securities laws. Forward-looking statements provide the Company’s current expectations or forecasts of future events. Forward-looking statements include statements about the Company’s expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not historical facts or that are not present facts or conditions. Words or phrases such as “anticipate,” “believe,” “continue,” “estimate,” “expect,” “hope,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “will” or similar words or phrases, or the negatives of those words or phrases, may identify forward-looking statements, but the absence of these words does not necessarily mean that a statement is not forward-looking. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. The Company’s actual results could differ materially from those anticipated in forward-looking statements for many reasons, including as described in the Company’s filings with the U.S. Securities and Exchange Commission. Accordingly, you should not unduly rely on these forward-looking statements, which speak only as of the date of this communication. Factors that could cause actual results to differ materially include, but are not limited to, the Company's operating or financial results; the Company's liquidity, including its ability to service its indebtedness; competitive factors in the market in which the Company operates; shipping industry trends, including charter rates, vessel values and factors affecting vessel supply and demand; future, pending or recent acquisitions and dispositions, business strategy, areas of possible expansion or contraction, and expected capital spending or operating expenses; risks associated with operations; broader market impacts arising from war (or threatened war) or international hostilities; risks associated with pandemics (including COVID-19), including effects on demand for oil and other products transported by tankers and the transportation thereof; and other factors listed from time to time in the Company's filings with the U.S. Securities and Exchange Commission. Except to the extent required by law, the Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. You should, however, review the factors and risks the Company describes in the reports it files and furnishes from time to time with the U.S. Securities and Exchange Commission, which can be obtained free of charge on the U.S. Securities and Exchange Commission’s website at www.sec.gov.


FAQ

What is the ex-dividend date for Okeanis Eco Tankers Corp. (ECO)?

The ex-dividend date is June 4, 2024, on the Oslo Stock Exchange and June 5, 2024, on the New York Stock Exchange.

What is the dividend amount for Okeanis Eco Tankers Corp. (ECO) in Q1 2024?

The dividend amount is USD 1.10 per common share.

When was the Q1 2024 dividend for Okeanis Eco Tankers (ECO) announced?

The Q1 2024 dividend was announced on May 16, 2024.

On which stock exchanges is Okeanis Eco Tankers Corp. (ECO) traded ex-dividend?

It is traded ex-dividend on the Oslo Stock Exchange and the New York Stock Exchange.

Who can I contact for more information about Okeanis Eco Tankers Corp. (ECO)?

You can contact Iraklis Sbarounis at +30 210 480 4200 or via email at ir@okeanisecotankers.com. For investor relations, contact Nicolas Bornozis at +1 (212) 661-7566 or okeanisecotankers@capitallink.com.

Okeanis Eco Tankers Corp.

NYSE:ECO

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1.09B
32.19M
63.58%
15.75%
0.26%
Marine Shipping
Industrials
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United States of America
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