15th Oct 2024 14:27
Tufton Oceanic Assets Ltd - Guernsey, England-based investment company specialising in second-hand commercial sea vessels - Says net asset value at September 30 was USD437.5 million, up 7.4% on-year from USD407.5 million at the close of the third quarter of calendar 2023. Net asset value per share was USD1.616, up 4.3% from USD1.55 on June 30 and up 12% year-on-year from USD1.381. Net asset value total return was 5.9% for the third quarter of 2024 and 16% for the first three quarters of 2024 ended September 30, compared to 2.8% net asset value total return in the third quarter of 2023.
The company declares a third-quarter dividend of USD0.025 per share, up 18% year-on-year from USD0.02125.
Current stock price: USD1.32, down 0.8% in London on Tuesday afternoon
12-month change: up 34%
By Emily Parsons, Alliance News reporter
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