Business

REG - Taylor Maritime Ltd Taylor Maritime -TMI - Dividend Currency Election

REG - Taylor Maritime Ltd Taylor Maritime -TMI - Dividend Currency Election

Taylor Maritime LimitedNovember 12, 20254
REG - Taylor Maritime Ltd Taylor Maritime -TMI - Dividend Currency Election

About this update from Taylor Maritime Limited

RNS Number : 3194H Taylor Maritime Limited 12 November 2025 12 November 2025Taylor Maritime Limited (the "Company" or "TM")Dividend Currency ElectionAn announcement was made on 24 October 2025 regarding the dividend to be paid on 28 November 2025 and the option for shareholders to elect to receive this in sterling rather than US dollars.The dividend rate per share to be used to pay shareholders who elected to receive their dividend in sterling will be 1.519184 pence per share (2 US cents per share converted into sterling using a USD/GBP rate of 1.31650).ENDSFor further information, please contact: Taylor Maritime Limited Edward Buttery Kael O'[email protected] International Limited Stuart Klein Gaudi Le Roux+44 20 7029 8000 Panmure Liberum LimitedChris ClarkeNicholas How+44 (0) 20 3100 2190The person responsible for arranging for the release of this announcement on behalf of the Company is Matt Falla, Company Secretary.Notes to EditorsAbout the Company Taylor Maritime Limited (formerly Taylor Maritime Investments Limited) is a shipping company listed under the equity shares (commercial companies) category of the Official List, with its shares trading on the Main Market of the London Stock Exchange since May 2021. Between May 2021 and February 2025, the Company was listed under the closed-ended investment funds category of the Official List. The Company is focused on navigating shipping market cycles on behalf of its shareholders, leveraging a dynamic and experienced management team with deep relationships in the industry and an agile business model underpinned by low leverage and financial flexibility, to deliver long-term attractive returns through both income and capital appreciation.The Company, through its subsidiaries, currently has an owned fleet of 10 dry bulk vessels (including 3 vessels held for sale) consisting of 7 Handysize vessels and 3 Supra/Ultramax vessels. The Company also has 1 vessel under JV agreement and 5 vessels in its chartered in fleet. The ships are employed utilising a mix of time charter, voyage charter, and Contracts of Affreightment ("CoAs") to optimise fleet earnings and cargo coverage.The Company's target dividend policy is 8 cents p.a. paid on a quarterly basis.For more information, please visit www.taylormaritime.com.About Geared VesselsGeared vessels are characterised by their own cargo loading equip...

View stock analysis, news, and events for Taylor Maritime Limited