Okeanis Eco Tankers Corp. – Key Information relating to Q4 2025 dividend
Rhea-AI Summary
Okeanis Eco Tankers (NYSE: ECO) declared a common share dividend of USD 1.55 per share, approved by the board on February 18, 2026. Payment is scheduled for March 10, 2026, with record date March 3, 2026 and differing ex-dates on OSE and NYSE due to settlement rules.
Shares registered in Euronext VPS will receive distributions in NOK and are expected to be paid on or about March 13, 2026; shareholders should contact their bank or broker for timing and mechanics.
Positive
- Dividend declared of USD 1.55 per common share
- Payment date set for March 10, 2026
- Record date confirmed as March 3, 2026
Negative
- VPS shareholders receive payment in NOK, introducing currency timing and FX considerations
- Distribution timing for VPS expected on or about March 13, 2026, later than NYSE holders
Market Reaction
Following this news, ECO has gained 3.81%, reflecting a moderate positive market reaction. Our momentum scanner has triggered 5 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $46.00. This price movement has added approximately $63M to the company's valuation.
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ATHENS, Greece, Feb. 18, 2026 (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 1.55 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: February 18, 2026.
- Last day including right OSE: February 27, 2026, 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: March 2, 2026, the last date on which the Company’s common shares trading on the NYSE will include the entitlement to the Dividend.
- Ex-date OSE: March 2, 2026, the date on which the Company’s common shares will begin trading on the OSE without the entitlement to the Dividend.
- Ex-date NYSE: March 3, 2026, 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: March 3, 2026
- Payment date: March 10, 2026. 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 March 13, 2026.
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 eight 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 applicable laws, such as the US Private Securities Litigation Reform Act of 1995. 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 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 dividend did Okeanis Eco Tankers (ECO) declare for Q4 2025 and when was it approved?
What are the ex-dividend dates for ECO on the Oslo Stock Exchange and NYSE in 2026?
When will Okeanis Eco Tankers (ECO) pay the declared dividend to shareholders?
Which currency will VPS-registered Okeanis Eco Tankers (ECO) shareholders receive the dividend in?
What is the record date for ECO dividend eligibility on OSE and NYSE?
Who should ECO shareholders contact with questions about dividend timing and mechanics?
