Okeanis Eco Tankers Corp. declares a USD 2.00 dividend, with specific ex-dividend and payment dates for NYSE and OSE shareholders.
Quiver AI Summary
Okeanis Eco Tankers Corp. announced on May 13, 2026, that its board of directors has declared a dividend of USD 2.00 per common share. Due to the implementation of the Central Securities Depository Regulation in Norway, there will be different ex-dividend dates for shares listed on Euronext and the New York Stock Exchange. The last day to receive the dividend on the Oslo Stock Exchange is May 26, while for the NYSE, it is May 27. The record date for both exchanges is set for May 28, with a payment date of June 5, 2026. However, shareholders registered in Euronext VPS can expect to receive their distributions around June 10, 2026. The company encourages shareholders to consult their financial institutions for details regarding the dividend process.
Potential Positives
- The board of directors has declared a dividend of USD 2.00 per common share, indicating the company's strong financial performance and commitment to returning value to shareholders.
- The announcement of a dividend is likely to enhance investor confidence and attract new investors, improving the company's market positioning.
- The detailed information provided regarding the payment process for shareholders in both Euronext and NYSE ensures transparency and clarity, demonstrating the company's commitment to effective communication with its shareholders.
- Establishing an ex-dividend date allows shareholders to plan accordingly, which can help to stabilize stock trading as investors understand their entitlements.
Potential Negatives
- The differing ex-dividend dates between the NYSE and OSE may create confusion among shareholders, potentially affecting investor sentiment and trust in the company's communication.
- The announcement of the dividend comes amidst the backdrop of uncertainties related to the implementation of the Central Securities Depository Regulation (CSDR) in Norway, which could be perceived as a negative impact on the company's stability or operational consistency.
- The inclusion of extensive forward-looking statements may raise concern among investors about the risks and uncertainties the company faces, potentially leading to skepticism regarding future performance.
FAQ
What is the declared dividend amount by Okeanis Eco Tankers Corp.?
The declared dividend amount is USD 2.00 per common share.
When is the payment date for the dividend?
The payment date for the dividend is June 5, 2026.
What are the ex-dividend dates for NYSE and OSE?
The ex-dividend date for OSE is May 27, 2026, and for NYSE is May 28, 2026.
How will dividends be distributed for shares registered in Euronext VPS?
Dividends for shares registered in Euronext VPS are expected to be distributed around June 10, 2026.
Who should shareholders contact for questions about the dividend?
Shareholders should contact their bank, broker, nominee, or institution for questions regarding the dividend.
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 56 institutional investors add shares of $ECO stock to their portfolio, and 23 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ENCOMPASS CAPITAL ADVISORS LLC added 810,154 shares (+inf%) to their portfolio in Q4 2025, for an estimated $27,415,611
- ACADIAN ASSET MANAGEMENT LLC added 367,253 shares (+inf%) to their portfolio in Q1 2026, for an estimated $18,579,329
- MARSHALL WACE, LLP added 322,423 shares (+inf%) to their portfolio in Q4 2025, for an estimated $10,910,794
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 279,338 shares (+2077.8%) to their portfolio in Q4 2025, for an estimated $9,452,797
- CITADEL ADVISORS LLC added 192,919 shares (+2331.1%) to their portfolio in Q4 2025, for an estimated $6,528,378
- PORTOLAN CAPITAL MANAGEMENT, LLC added 161,815 shares (+inf%) to their portfolio in Q4 2025, for an estimated $5,475,819
- JPMORGAN CHASE & CO added 154,325 shares (+inf%) to their portfolio in Q4 2025, for an estimated $5,222,358
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 13, 2026 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (“OET” or the “Company”) (NYSE: ECO / OSE: OET), announced today that the Company's board of directors (the “Board”) has declared a dividend on its common shares (the “Dividend”).
Due to implementation of the Central Securities Depository Regulation (“CSDR”) in Norway, shareholders who hold common shares registered in Euronext Securities Oslo (“VPS”), Norway’s central securities depository, should please note the information on the payment date to the common shares registered in VPS below.
The New York Stock Exchange (“NYSE”) settles its trades on a T+1 basis, while the Oslo Stock Exchange (“OSE”) settles its trades on a T+2 basis. As a result, there will be different ex-dividend dates between the two exchanges, as set out below.
Key information relating to the Dividend:
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Dividend amount: USD 2.00 per common share.
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Declared currency: USD. Dividends payable to common shares registered in the Euronext VPS will be distributed in NOK.
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Date of Board approval: May 13, 2026.
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Last day including right OSE: May 26, 2026, the last date on which the Company’s common shares trading on the OSE will include the entitlement to the Dividend.
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Last day including right NYSE: May 27, 2026, the last date on which the Company’s common shares trading on the NYSE will include the entitlement to the Dividend.
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Ex-date OSE: May 27, 2026, the date on which the Company’s common shares will begin trading on the OSE without the entitlement to the Dividend.
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Ex-date NYSE: May 28, 2026, the date on which the Company’s common shares will begin trading on the NYSE without the entitlement to the Dividend.
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Record date OSE and NYSE: May 28, 2026
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Payment date: June 5, 2026. Due to the implementation of CSDR in Norway, the Dividend payable on common shares that are registered in the Euronext VPS is expected to be distributed to Euronext VPS shareholders on or about June 10, 2026.
The Company encourages you to contact your bank, broker, nominee or other institution if you have any questions regarding the mechanics and timing of having the Dividend attributable to your common shares credited to your account.
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 .
This information is published in accordance with the requirements of the Continuing Obligations.