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Okeanis Eco Tankers Corp. – Key Information relating to Q1 2025 dividend
Okeanis Eco TankersOkeanis Eco Tankers(US:ECO) GlobeNewswire News Room·2025-05-14 20:20

Company Overview - Okeanis Eco Tankers Corp. (OET) is a leading international tanker company that provides 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 both the Oslo Stock Exchange (OSE) and the New York Stock Exchange (NYSE) under the symbols OET and ECO, respectively. The fleet consists of six modern scrubber-fitted Suezmax tankers and eight modern scrubber-fitted VLCC tankers [4]. Dividend Announcement - The company's board of directors has declared a dividend of USD 0.32 per common share, with dividends payable to common shares registered in the Euronext VPS distributed in NOK [6]. - The date of board approval for the dividend was May 14, 2025. The last day including the right to the dividend for shares trading on the OSE is May 30, 2025, and for shares trading on the NYSE is June 2, 2025 [6]. - The ex-dividend date for OSE is June 2, 2025, and for NYSE is June 3, 2025. The record date for both exchanges is June 3, 2025, with the payment date set for June 12, 2025. Shareholders registered in the Euronext VPS are expected to receive the dividend on or about June 17, 2025 [6]. Settlement and Regulatory Information - The NYSE settles trades on a T+1 basis, while the OSE settles trades on a T+2 basis, leading to different ex-dividend dates between the two exchanges [3]. - Due to the implementation of the Central Securities Depository Regulation (CSDR) in Norway, shareholders holding shares registered in Euronext Securities Oslo should be aware of the payment date information [2].