DividendJun 9, 2026, 06:46 AM
Himalaya Shipping Declares $0.22/Share Dividend; May TCE $57,200/Day
AI Summary
Himalaya Shipping Ltd. reported strong operational performance for May 2026, achieving average time charter equivalent (TCE) earnings of approximately $57,200 per day. This includes average daily scrubber benefits of $1,300. Concurrently, the Board approved a cash distribution of $0.22 per share for May 2026, payable from the Company's Contributed Surplus account. The distribution has a record date of June 22, 2026, with payment dates varying slightly for NYSE and Euronext VPS shareholders.
Key Highlights
- Achieved average time charter equivalent (TCE) earnings of approximately $57,200 per day in May 2026.
- Eleven index-linked vessels earned approximately $59,600 per day, gross, including scrubber benefits.
- One fixed time charter vessel earned approximately $30,300 per day, gross.
- Average daily scrubber benefits contributed approximately $1,300 per day to TCE earnings.
- Board approved a cash distribution of $0.22 per share for May 2026.
- The record date for the distribution is June 22, 2026.
- Payment date for NYSE shares is on or about June 26, 2026.
- Payment date for Euronext VPS shares is expected on or about June 30, 2026.
Price Impact
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