27th Jul 2018 10:49
LONDON (Alliance News) - Tufton Oceanic Assets Ltd said Friday it proposed a maiden interim dividend of USD0.015 per share in respect of its second quarter.
The fund manager said its net asset value at the end of the second quarter to June 30 was USD1.016, down quarter-on-quarter from USD1.025 at the end of March.
Net asset value amounted to USD92.5 million, down from USD93.3 million in the prior quarter.
Tufton shares were untraded at USD1.06 on Friday.
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