StockWatch
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Deep Sea Foreign Transportation of  Freight
DividendJul 8, 2026, 06:08 AM

Himalaya Shipping Declares $0.22/Share Cash Distribution for June

AI Summary

Himalaya Shipping Ltd. announced a cash distribution of $0.22 per share for June 2026, payable from its Contributed Surplus account. The record date for this distribution is July 20, 2026, with payment expected around July 28, 2026. Additionally, the company reported strong commercial performance for June 2026, achieving average time charter equivalent (TCE) earnings of approximately $52,900 per day, gross, including $1,300 per day from scrubber benefits.

Key Highlights

  • Board approved a cash distribution of $0.22 per share for June 2026.
  • Distribution will be made from the Company's Contributed Surplus account.
  • Record date for the distribution is July 20, 2026.
  • Payment date is on or about July 28, 2026.
  • June 2026 average TCE earnings were approximately $52,900 per day, gross.
  • Average daily scrubber benefits contributed approximately $1,300 per day.
  • Index-linked vessels earned approximately $52,500 per day, gross.
  • Fixed time charter vessels earned approximately $53,400 per day, gross.