Okeanis Eco Tankers Corp. announces a Q1 2026 dividend of USD 2.00 per share, trading ex-dividend from May 27, 2026.
Quiver AI Summary
Okeanis Eco Tankers Corp. (OET) has announced that its common shares will begin trading ex-dividend at a rate of USD 2.00 per share on the Oslo Stock Exchange starting May 27, 2026, and on the New York Stock Exchange from May 28, 2026. The company, which specializes in seaborne transportation of crude oil and refined products with a fleet of modern scrubber-fitted tankers, was incorporated in 2018 and is listed under the symbols OET and ECO. The announcement includes forward-looking statements, highlighting that actual results may vary due to various risks and uncertainties. Shareholders are encouraged to review the company’s filings with the SEC for more detailed information on potential risks.
Potential Positives
- The announcement of a Q1 2026 dividend of USD 2.00 per common share indicates strong financial performance and profitability.
- The ability to trade shares ex-dividend on both the Oslo Stock Exchange and New York Stock Exchange may enhance liquidity and attract a broader investor base.
- The company's modern fleet of scrubber-fitted tankers underscores its commitment to environmentally compliant shipping practices, which may improve its competitive position in the market.
Potential Negatives
- The announcement of a dividend may signal financial stress if the company is using cash reserves to maintain shareholder returns rather than investing in growth or paying down debt.
- The heavy emphasis on forward-looking statements and the potential discrepancies with actual results may raise concerns among investors about the company's ability to meet expectations.
- The extensive list of risk factors, including impacts from global events like war and pandemics, suggests a high level of uncertainty in the company's operational and financial outlook.
FAQ
What is the Q1 2026 dividend amount for Okeanis Eco Tankers Corp.?
The Q1 2026 dividend announced is USD 2.00 per common share.
When will OET shares start trading ex-dividend?
OET shares will trade ex-dividend on the Oslo Stock Exchange from May 27, 2026, and on the New York Stock Exchange from May 28, 2026.
What stock exchanges is Okeanis Eco Tankers listed on?
Okeanis Eco Tankers is listed on the Oslo Stock Exchange under the symbol OET and the New York Stock Exchange under the symbol ECO.
How many tankers does Okeanis Eco Tankers operate?
The company operates a fleet of eight modern scrubber-fitted Suezmax tankers and eight VLCC tankers.
Where can I find more information about OET's financial risks?
More information about OET's financial risks can be found in their SEC filings, available at www.sec.gov.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ECO Revenue
$ECO had revenues of $126.9M in Q4 2025. This is an increase of 48.91% from the same period in the prior year.
You can track ECO financials on Quiver Quantitative's ECO stock page.
You can access data on ECO stock through the Quiver Quantitative API.
$ECO Hedge Fund Activity
We have seen 72 institutional investors add shares of $ECO stock to their portfolio, and 28 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ENCOMPASS CAPITAL ADVISORS LLC removed 432,722 shares (-53.4%) from their portfolio in Q1 2026, for an estimated $21,891,405
- PORTOLAN CAPITAL MANAGEMENT, LLC added 377,045 shares (+233.0%) to their portfolio in Q1 2026, for an estimated $19,074,706
- ACADIAN ASSET MANAGEMENT LLC added 367,253 shares (+inf%) to their portfolio in Q1 2026, for an estimated $18,579,329
- JANE STREET GROUP, LLC added 246,896 shares (+310.9%) to their portfolio in Q1 2026, for an estimated $12,490,468
- CITADEL ADVISORS LLC removed 196,031 shares (-97.4%) from their portfolio in Q1 2026, for an estimated $9,917,208
- FEARNLEY ASSET MANAGEMENT AS added 186,194 shares (+370.9%) to their portfolio in Q1 2026, for an estimated $9,419,554
- VOLORIDGE INVESTMENT MANAGEMENT, LLC added 178,133 shares (+inf%) to their portfolio in Q1 2026, for an estimated $9,011,748
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
ATHENS, Greece, May 27, 2026 (GLOBE NEWSWIRE) -- Reference is made to the key information relating to Q1 2026 dividend announced by Okeanis Eco Tankers Corp. ("OET" or the "Company") (NYSE: ECO / OSE: OET) on May 13, 2026. The Company's common shares will be traded ex dividend USD 2.00 per common share on the Oslo Stock Exchange from today, May 27, 2026 and on the New York Stock Exchange from May 28, 2026.
Contacts
Company:
Iraklis Sbarounis, CFO
Tel: +30 210 480 4200
[email protected]
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
[email protected]
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 Stock Exchange under the symbol OET and the New York Stock Exchange under the symbol ECO. The sailing fleet consists of eight 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 (the “SEC”). 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 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 SEC. 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 SEC, which can be obtained free of charge on the SEC’s website at www.sec.gov.