Okeanis Eco Tankers Corp. declared a USD 1.55 dividend, with differing ex-dividend dates for NYSE and OSE shares.
Quiver AI Summary
Okeanis Eco Tankers Corp. has announced a dividend of USD 1.55 per common share, with the payment process affected by the implementation of the Central Securities Depository Regulation in Norway. Shareholders with shares registered in Euronext VPS will receive their dividends in NOK. The last day to qualify for the dividend on the Oslo Stock Exchange is February 27, 2026, while for the New York Stock Exchange, it is March 2, 2026. The ex-dividend dates are March 2 for OSE and March 3 for NYSE, with the record date set for March 3, 2026. Payments are scheduled for March 10, 2026, with VPS shareholders expected to receive their funds around March 13, 2026. The company advises shareholders to consult their banks or brokers for details regarding dividend crediting.
Potential Positives
- The declaration of a dividend of USD 1.55 per common share indicates strong financial performance and cash flow management by Okeanis Eco Tankers Corp.
- The issuance of a dividend can attract more investors and boost shareholder confidence, potentially leading to increased demand for the company's shares on both the NYSE and OSE.
- The company is actively engaging with its shareholders by providing detailed information about the dividend payment schedule, which demonstrates transparency and good investor relations.
Potential Negatives
- The differing ex-dividend dates between the NYSE and OSE may create confusion and inconvenience for shareholders, potentially leading to dissatisfaction.
- The requirement for Euronext VPS shareholders to wait longer for the distribution of the dividend may be viewed negatively, affecting shareholder sentiment.
- The extensive caution around forward-looking statements indicates significant uncertainty in the company's future performance, which may raise investor concerns.
FAQ
What is the amount of the declared dividend by Okeanis Eco Tankers?
The declared dividend amount by Okeanis Eco Tankers is USD 1.55 per common share.
When is the payment date for the declared dividend?
The payment date for the declared dividend is March 10, 2026.
What are the ex-dividend dates for NYSE and OSE?
The ex-dividend date for NYSE is March 3, 2026, and for OSE is March 2, 2026.
In which currency will dividends for VPS shares be paid?
Dividends payable to common shares registered in VPS will be distributed in NOK.
Who should I contact for questions about the dividend?
You can contact Iraklis Sbarounis, CFO, at [email protected] for questions about 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 $5.8M in Q3 2025. This is an increase of 11.46% from the same period in the prior year.
You can track ECO financials on Quiver Quantitative's ECO stock page.
$ECO Hedge Fund Activity
We have seen 48 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
- SG AMERICAS SECURITIES, LLC removed 443,695 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $15,014,638
- 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
- BLACKROCK, INC. added 204,402 shares (+22097.5%) to their portfolio in Q4 2025, for an estimated $6,916,963
- 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
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$ECO Analyst Ratings
Wall Street analysts have issued reports on $ECO in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- B. Riley Securities issued a "Buy" rating on 11/14/2025
To track analyst ratings and price targets for $ECO, check out Quiver Quantitative's $ECO forecast page.
Full Release
ATHENS, Greece, Feb. 18, 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 1.55 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: February 18, 2026.
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Last day including right OSE: February 27, 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: March 2, 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: March 2, 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: March 3, 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: March 3, 2026
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Payment date: March 10, 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 March 13, 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 applicable laws, such as the US Private Securities Litigation Reform Act of 1995. 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 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.