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IN BRIEF: Tufton Oceanic lifts interim payout, net assets up

18th Mar 2022 17:48

Tufton Oceanic Assets Ltd - Guernsey, UK-based investment company focused on second-hand commercial vessels - Net asset value per share rises to USD1.376 in six months ended December 31, from USD1.158 at financial year end. "It has been an active second half of 2021 and that activity has continued into 2022. During the financial period, the company agreed to acquire five vessels of which three were delivered during the period and two were delivered after the period," Tufton says.

Payouts in respect to first half total USD0.04000 per share, up from USD0.03625.

Current stock price: USD1.24

12-month change: up 28%

By Eric Cunha; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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