Okeanis Eco Tankers More Than Doubles Q2 Dividend to $5.25 Per Share
ECO has more than doubled off its 52-week low of $23.82 on elevated volume (2.1× avg).
Summary
Okeanis Eco Tankers declared a $5.25 per share Q2 2026 dividend, more than doubling the prior quarter's $2.00 payout, reflecting record earnings and strong tanker market conditions.
Updates
· Reuters — Revenue reached $318.9 million with EPS of $5.90. Q3 to date: 48% of VLCC spot days booked at $206,600 TCE per day and 42% of Suezmax spot days at $133,000 TCE per day.
Key Events · Earnings and Guidance · ECO
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Dividend More Than Doubled
The board declared a $5.25 per common share dividend for Q2 2026, up from $2.00 in Q1 2026, reflecting a 162.5% increase quarter-over-quarter.
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Record Earnings Drive Payout
The dividend follows Q2 2026 profit of $230.3 million, up from $26.9 million a year ago, fueled by elevated tanker rates and strong operational performance.
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Key Dates for Shareholders
Ex-dividend dates are August 13 (OSE) and August 14 (NYSE), with record date August 14 and payment on August 21 (NYSE) and on or about August 26 (Euronext VPS).
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Stock Near 52-Week High
The dividend announcement comes with shares trading at $62.49, near the 52-week high of $61.53, highlighting strong market sentiment and robust cash returns.
Analysis · ECO · Energy & Transportation
The board declared a $5.25 per share dividend, a massive increase from the $2.00 paid in Q1. This follows blowout Q2 earnings of $230.3 million, driven by elevated tanker rates. The dividend signals management's confidence in sustained cash flows and a commitment to returning capital to shareholders. With the stock near its 52-week high, the payout underscores the company's exceptional profitability in the current market.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 36.1% of the 1052 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.56%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ECO was trading at $62.49 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $2.3B. The 52-week trading range was $23.82 to $61.53. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.