Okeanis Eco Tankers Corp. – Key Information relating to Q3 2025 dividend
Rhea-AI Summary
Okeanis Eco Tankers (NYSE: ECO) announced a cash dividend of USD 0.75 per common share, approved by the Board on November 12, 2025. Payment date is December 11, 2025, with shareholders registered in Euronext VPS (Norway) expected to receive distributions on or about December 16, 2025 in NOK.
Because NYSE settles T+1 and OSE settles T+2, ex-dividend and record dates differ: last day including right OSE Nov 28, 2025; last day including right NYSE Dec 1, 2025; ex-date OSE Dec 1, 2025; ex-date NYSE Dec 2, 2025; record date Dec 2, 2025. The company advises contacting brokers or banks for timing and mechanics.
Positive
- USD 0.75 cash dividend per common share
- Payment scheduled on December 11, 2025
- VPS holders receive distribution in NOK
Negative
- VPS distribution delayed to ~December 16, 2025
- Different ex-dates may cause trading timing confusion
- OSE/Nyse settlement mismatch: T+2 vs T+1
News Market Reaction 34 Alerts
On the day this news was published, ECO gained 1.73%, reflecting a mild positive market reaction. Argus tracked a peak move of +5.8% during that session. Our momentum scanner triggered 34 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $22M to the company's valuation, bringing the market cap to $1.28B at that time. Trading volume was above average at 1.8x the daily average, suggesting increased trading activity.
Data tracked by StockTitan Argus on the day of publication.
ATHENS, Greece, Nov. 12, 2025 (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:
- Dividend amount: USD 0.75 per common share.
- Declared currency: USD. Dividends payable to common shares registered in the Euronext VPS will be distributed in NOK.
- Date of Board approval: November 12, 2025.
- Last day including right OSE: November 28, 2025, the last date on which the Company’s common shares trading on the OSE will include the entitlement to the Dividend.
- Last day including right NYSE: December 1, 2025, the last date on which the Company’s common shares trading on the NYSE will include the entitlement to the Dividend.
- Ex-date OSE: December 1, 2025, the date on which the Company’s common shares will begin trading on the OSE without the entitlement to the Dividend.
- Ex-date NYSE: December 2, 2025, the date on which the Company’s common shares will begin trading on the NYSE without the entitlement to the Dividend.
- Record date OSE and NYSE: December 2, 2025
- Payment date: December 11, 2025. 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 December 16, 2025.
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
ir@okeanisecotankers.com
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
okeanisecotankers@capitallink.com
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 six 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 U.S. federal securities laws. 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 U.S. Securities and Exchange Commission (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.
FAQ
How much is Okeanis Eco Tankers' declared Q3 2025 dividend (ECO)?
What is the payment date for ECO dividend declared November 12, 2025?
Why do ECO ex-dividend dates differ between NYSE and OSE for December 2025?
What are the ECO ex-dividend and record dates for December 2025?
Will ECO VPS-registered shareholders receive dividends in USD or NOK?
Who should ECO shareholders contact with questions about dividend timing?
