Okeanis Eco Tankers Declares Q1 2025 Dividend of USD 0.32

Okeanis Eco Tankers Corp. (OET) announced a dividend of USD 0.32 per share for Q1 2025, effective June 2, 2025.

Dividend Details

Shares will trade ex-dividend at USD 0.32 on the Oslo Stock Exchange starting June 2, 2025, and on the New York Stock Exchange from June 3, 2025. The company specializes in the transportation of crude oil and refined products, operating a fleet of six Suezmax tankers and eight VLCC tankers. The announcement includes a disclaimer about forward-looking statements, indicating risks that may cause actual results to differ from expectations. Investors can refer to OET’s filings with the U.S. Securities and Exchange Commission for further details.

Positive Aspects

• The Q1 2025 dividend of USD 0.32 per share reflects the company’s financial stability and commitment to returning value to shareholders.
• Trading ex-dividend on both major exchanges may enhance investor access and liquidity.
• Okeanis Eco Tankers holds a prominent position in the tanker market, supported by its modern fleet.

Concerns

• Issuing a dividend may suggest a focus on shareholder returns at the expense of long-term growth.
• The need for forward-looking disclaimers indicates inherent risks, potentially raising investor caution.
• External factors, such as pandemics and geopolitical tensions, could threaten the shipping industry’s stability.

FAQ

What is the Q1 2025 dividend for Okeanis Eco Tankers?

The dividend for Q1 2025 is USD 0.32 per common share.

When will OET shares be traded ex-dividend?

OET shares will be traded ex-dividend on the Oslo Stock Exchange starting June 2, 2025.

When will the OET dividend be available on the New York Stock Exchange?

The dividend will be available on the New York Stock Exchange from June 3, 2025.

Who should investors contact for inquiries about OET?

Investors may contact Iraklis Sbarounis, CFO, at +30 210 480 4200 or [email protected].

What does Okeanis Eco Tankers Corp. specialize in?

Okeanis Eco Tankers specializes in the seaborne transportation of crude oil and refined products.

Disclaimer: This summary is based on a press release, and while every effort has been made to ensure accuracy, it may contain errors. For more information, please refer to the full release.

Hedge Fund Activity

In the latest quarter, 17 institutional investors increased their shares of $ECO, while 34 reduced their positions.

• MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. removed 304,187 shares (-100.0%) in Q4 2024, valued at an estimated $6,467,015.
• ARROWSTREET CAPITAL, LIMITED PARTNERSHIP reduced their holdings by 277,297 shares (-54.6%) in Q1 2025, totaling approximately $6,128,263.
• SG AMERICAS SECURITIES, LLC added 202,072 shares in Q1 2025, valued at an estimated $4,465,791.
• FIL LTD decreased holdings by 121,877 shares (-19.9%) for around $2,693,481.
• MORGAN STANLEY cut 89,800 shares (-84.0%), worth roughly $1,984,580.
• BOOTHBAY FUND MANAGEMENT, LLC raised their stake by 89,384 shares (+343.9%), amounting to about $1,975,386.
• SEMMAX FINANCIAL ADVISORS INC. increased their holdings by 83,122 shares (+210.9%), valued at approximately $1,836,996.

Company Overview

Okeanis Eco Tankers, incorporated on April 30, 2018, is a prominent tanker firm focused on transporting crude oil and refined products. It operates under the symbols OET on the Oslo Stock Exchange and ECO on the New York Stock Exchange, with a modern fleet of scrubber-fitted vessels.

Forward-Looking Statements

This communication contains forward-looking statements, which involve risks that can lead to actual results deviating from expectations. Factors affecting these statements include operating results, liquidity, market dynamics, and external events. For detailed information, refer to the Company’s SEC filings.