Dividends & Buybacks ·
Declares $0.27 quarterly dividend paid Dec 15; sells Ardmore Endeavour for $34.3M
ASCArdmore Shipping Corp
Ardmore Shipping's Board declared a cash dividend of $0.27 per common share for the quarter ended September 30, 2026, payable on December 15 to shareholders of record on November 27. During the third quarter, the company agreed to sell the Ardmore Endeavour for $34.3 million, with delivery completed in October 2026. The filing also reports unaudited financial results showing net income attributable to common stockholders rose 35% to $16.3 million for the three months ended September 30, 2026, driven by higher spot charter rates. Ardmore Shipping owns and operates a fleet of medium-range product and chemical tankers.