Oslo-listed 2020 Bulkers is the shareholder gift that keeps giving, according to Fearnley Securities.
The Tor Olav Troim-backed owner of six modern newcastlemaxes paid out a “whopping” $1.99 per share in first-quarter dividends, analyst Fredrik Dybwad said.
This included $1.79 in a one-off distribution of proceeds from two newcastlemax sales.
